madhu bought a table for rupees 625 and got free with it a shop case coasting rupees 25. The shopkeeper made a profit of 20 percent on this transaction. what did the shopkeeper pay for the table
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madhu bought a table for rupees 625 and got free with it a shop case coasting rupees 25. The shopkeeper made a profit of 20 percent on this transaction. what did the shopkeeper pay for the table
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SP of table=Rs.625
Profit%=20%
CP=SPx100/100+P%
=625x100/100+20
=62500/120
=Rs.520.83
Answer=Rs.520.83
Therefore shopkeeper paid Rs.520.83 for the table
Step-by-step explanation:
Cp of madhu = 625
Free amount = 25
sp for shopkeeper = 600
profit for shopkeeper = 25 %
then,
cp for shopkeeper = ( sp x 100) / ( 100 + p%)
=( 600 x 100)/( 125)
= 60000/125
= 480 answer