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A trader marked a table at ₹37,062, and sold it allowing a 33% discount. If his profit was 42%, then the cost price (in ₹) of the table was:

  1. A
    15,487
  2. B
    16,487
  3. C
    17,487
  4. D
    13,487

Solution & Step-by-step Explanation

We can use the direct formula connecting Cost Price (CP) and Marked Price (MP):
MP
CP

=
100+Profit%
100−Discount%


Given data:

MP=₹37,062

Discount%=33%

Profit%=42%

Substitute the values into the formula:

37062
CP

=
100+42
100−33


37062
CP

=
142
67


CP=
142
67

×37062
Let's simplify 37062/142:

37062÷142=261
Now, multiply by 67:

CP=67×261=₹17,487

Practice this question

Try it yourself before checking the explanation above.

A trader marked a table at ₹37,062, and sold it allowing a 33% discount. If his profit was 42%, then the cost price (in ₹) of the table was:
A
15,487
B
16,487
C
17,487
D
13,487

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