Mohan bought 20 dining tables for ₹ 12000 and sold them at a profit equal to the selling price of 4 dining… · ABC26GN2657
Subject: General Aptitude · Chapter: Profit and Loss · Exam: R.R.B. 2006
Mohan bought 20 dining tables for ₹ 12000 and sold them at a profit equal to the selling price of 4 dining tables. The selling price of 1 dining table is
(a)₹ 700
(b)₹ 725
(c)₹ 750
(d)₹ 775
Answer
Answer (as printed): C
Explanation
(S.P. of 20 dining tables) - (C.P. of 20 dining tables) $$\text { = S.P. of } 4 \text { dining tables }$$ ⇒ C.P. of 20 dining tables = S.P. of 16 dining tables $$\text { = ₹ } 12000$$ ⇒ S.P. of 1 dining table $=₹\left(\frac{12000}{16}\right)=₹ 750$.
Explanation as extracted from the printed page; notation may be imperfect.