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. Find the Cost price of the computer. 

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. Find the Cost price of the computer.  Correct Answer 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

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