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The owner of a furniture shop charges hi...

The owner of a furniture shop charges his customer 18% more than the CP.If a customer paid र10207 for a dining table, then find its original price.

A

र 9240

B

र 8650

C

र 9840

D

र 7670

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The correct Answer is:
To find the original price (cost price) of the dining table, we can follow these steps: ### Step 1: Understand the given information The selling price (SP) of the dining table is given as ₹10,207. The owner charges 18% more than the cost price (CP). ### Step 2: Set up the relationship between SP and CP Since the owner charges 18% more than the cost price, we can express the selling price in terms of the cost price: \[ SP = CP + 18\% \text{ of } CP \] This can be rewritten as: \[ SP = CP \times \left(1 + \frac{18}{100}\right) \] \[ SP = CP \times \frac{118}{100} \] ### Step 3: Substitute the known value of SP We know that the selling price (SP) is ₹10,207. Therefore, we can set up the equation: \[ 10,207 = CP \times \frac{118}{100} \] ### Step 4: Solve for CP To find the cost price (CP), we rearrange the equation: \[ CP = \frac{10,207 \times 100}{118} \] ### Step 5: Calculate the value Now, we will perform the calculation: \[ CP = \frac{10,207 \times 100}{118} = \frac{1,020,700}{118} \approx 8650 \] ### Step 6: Conclusion The original price (cost price) of the dining table is ₹8,650.
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ARIHANT SSC-PROFIT AND LOSS-EXERCISE BASE LEVEL QUESTIONS
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  9. The cost price of an item is two-third of its selling price.What is th...

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  10. The difference between the CP and SP of an article is र 240. If the pr...

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  13. A man purchases a certain number of toffees at 6 per rupee and the sam...

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  14. Raj sold an item for ₹6,384 and incurred a loss of 30%. At what price...

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  15. The price of a land passing through three hands, rises on the whole by...

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  16. If the difference between the selling prices of an article at profit o...

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  18. A fruit seller buys 700 oranges at the rate of ₹ 500 for 100 oranges a...

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  19. A person sold his watch for ₹ 75 and got a percentage profit equal to ...

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  20. Two lots of onions with equal quantity, one costing Rs 10 per kg and t...

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