The shopkeeper marked the price of the table fan as 40% more than its cost price and sold it at a 20% discount

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