A shopkeeper charges his customer 23% more than the cost price. If a customer paid ₹30,135 for a dining table, then find its original price (in ₹).
- A24,000
- B24,500
- C28,200
- D23,300
Solution & Step-by-step Explanation
Let the original cost price be CP.
The shopkeeper charges 23% more than the cost price, which means the selling price is 123% of CP.
Given that the customer paid ₹30,135:
123% of CP=30135
100
123
×CP=30135
CP=
123
30135×100
Let's divide 30135 by 123:
30135÷123=245
CP=245×100=24,500
Therefore, the original price of the dining table is ₹24,500.
The shopkeeper charges 23% more than the cost price, which means the selling price is 123% of CP.
Given that the customer paid ₹30,135:
123% of CP=30135
100
123
×CP=30135
CP=
123
30135×100
Let's divide 30135 by 123:
30135÷123=245
CP=245×100=24,500
Therefore, the original price of the dining table is ₹24,500.