Multiple choice

By selling a table, Aditya earned a profit equal to one fourth of the price he bought it. If he sold it for Rs. $375$, what was the cost price?

  1. Rs. $295.75$
  2. Rs. $300$
  3. Rs. $326.50$
  4. Rs. $330$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let the cost price be x. The profit is x/4. Selling price = cost price + profit = x + x/4 = 5x/4. Given 5x/4 = 375, then x = 375 * 4 / 5 = 300.

AI explanation

Let the cost price be CP. The profit is CP/4, which means the selling price is CP + CP/4 = 5CP/4. Setting the selling price equal to 375 gives the equation 5CP/4 = 375. Solving for CP yields CP = 375 * 4 / 5 = 300. The cost price is Rs. 300.

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