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Selling price of a table is Rs. 7686. If profit percentage is 22 percent, then what is the cost price of table?
Question

Selling price of a table is Rs. 7686. If profit percentage is 22 percent, then what is the cost price of table?

A.

Rs. 6400

B.

Rs. 6500

C.

Rs. 6000

D.

Rs. 6300

Correct option is D

Given:

Selling Price = Rs. 7686; Profit = 22%.
Formula Used:
Selling Price = Cost Price × (1 + Profit100\frac{Profit}{100}​).
Solution:

Cost Price=Selling Price1+Profit100=76861.22=Rs. 6300\text{Cost Price} = \frac{\text{Selling Price}}{1 + \frac{\text{Profit}}{100}} \\= \frac{7686}{1.22} \\= \text{Rs. } 6300
Answer: (d) Rs. 6300

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