Vijay sells a cupboard at 14% below cost price. Had he got Rs.2086 more, he would have made a profit of 14%. What is the cost price of the cupboard?
A)7450
B)14900
C)7400
D)7500

Question

Quizplus · Accepted Answer

Let the cost price be Rs. xSelling price = x - 14% of x = 0.86xProfit = 14% of x = 0.14xSelling price + Profit = 0.86x + 0.14x = x + 20861x = x + 2086x = 2086Therefore, the cost price of the cupboard is Rs. 2086.

Vijay Sells a Cupboard at 14% Below Cost Price