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A shopkeeper marks a table at 40% above the cost price and gives a discount of 25%. If he still makes a profit of Rs. 450, what is the cost price (in
Question

A shopkeeper marks a table at 40% above the cost price and gives a discount of 25%. If he still makes a profit of Rs. 450, what is the cost price (in Rs. ) of the table?

A.

8,500

B.

8,000

C.

9,500

D.

9,000

Correct option is D

Given:
Marked price is 40% above the cost price.
Discount given = 25%.
Profit earned = Rs. 450.
Formula Used:
Selling price after the discount = Marked price × (1 - Discount %)
Solution:
Let the cost price be C and the selling price be S.
Marked price M = Cost price + 40% of the cost price = C+(40100)×C=1.4CC + \left( \frac{40}{100} \right) \times C = 1.4C​​
Selling price after the discount = Marked price × (1 - Discount %) = M × (1 - 0.25) = 1.4C × 0.75 = 1.05C
Profit = Selling price - Cost price
Profit = S - C
Given profit = Rs. 450:
1.05C - C = 450
0.05C = 450
 C = 4500.05\frac {450}{0.05}​ = 9000
Thus, the cost price of the table is Rs. 9000. 
Alternate Method: 

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