Correct Answer - Option 2 : 20000
Given:
Mahi sold a computer for 16000 less than what he bought it for.
He also sold a table for Rs. 8000 less than what was bought for.
The ratio of the cost price of the computer and the table is 5 : 4.
The ratio of the selling price of the computer and the table is 1 : 2.
Formula:
Profit or Gain = Selling price – Cost Price
Loss = Cost Price – Selling Price
Profit percentage = (Profit / Cost Price) × 100
Loss percentage = (Loss / Cost price) × 100
Calculation:
Let the CP of the computer and table be 5x and 4x respectively.
SP of computer = Rs. (5x – 16000)
SP of table = Rs. (4x - 8000)
⇒ (5x – 16000)/(4x - 8000) = 1/2
⇒ x = 4000
CP of computer = Rs. 5x
⇒ Rs. (5 × 4000)
⇒ Rs. 20000
∴ cost price of the computer was Rs. 20000
