Mohan is selling a table at Rs.2,832. If his profit is 18%, then what is the cost price of the table?

Correct option is D

Given:
The selling price of the table = Rs. 2,832
Profit = 18%
Formula Used:
Selling price = Cost price × (100 + profit%)
Solution:
2,832 = Cost price × (100 +18%)
CP = $$\frac{2832 \times 100}{118}$$​​
CP = Rs. 2400