![The shopkeeper marked the price of the table fan as 40% more than its cost price and sold it at a 20% discount](https://www.gkseries.com/blog/wp-content/uploads/2024/02/The-shopkeeper-marked-the-price-of-the-table-fan-as-40-more-than-its-cost-price-and-sold-it-at-a-20-discount.jpg)
Q. The shopkeeper marked the price of the table fan as 40% more than its cost price and sold it at a 20% discount. Ratio of the cost price of the table and ceiling fan is 5:8 respectively and the marked price of the ceiling fan is Rs.6500. If he sold the ceiling fan at the discount of 15% and earned a profit of 6.25%, then find the profit earned on the table fan.
A.Rs.600
B.Rs.750
C.Rs.390
D.Rs.450
E. None of these
Ans: Rs.390
Sol:
MP of ceiling fan=Rs.6500
SP of ceiling fan=6500*85/100=Rs.5525
CP of ceiling
fan=5525*100/106.25=5525*16/17=Rs.5200
CP of table fan=5200*5/8=Rs.3250
MP of table fan=3250*140/100=Rs.4550
SP of table fan=4550*80/100=Rs.3640
Profit earned on table fan=3640-3250=Rs.390