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A T.V was sold at a profit of 5%. If It ...

A T.V was sold at a profit of 5%. If It had been sold at a profit of 10%, the profit would have been Rs. 1000 more. What is its cost price ?

A

₹ 20000

B

₹5000

C

₹ 10000

D

₹15000

Text Solution

Verified by Experts

The correct Answer is:
A
10% -5% =₹ 1000
`implies 5% = ₹ 1000 `
` therefore 100 % = (₹ 1000 )/(5 ) xx 100`
`=₹20,000`
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