The owner of an electronics shop charges his customer 25% more than the cost price. If a customer paid Rs.11,500 for a television set, then what was the cost price of the television set?
Choose the correct choice
A) Rs.9200  B) Rs.7200  C) Rs.8600  D) Rs.9800  E) None of these
Explanation:   SP = Rs.11500   i.e. 125% of CP.   :. CP = 11500x100/125   = Rs.9200/-   Rs.9200nswer: Option Rs.9200
<result>A</result>
The owner of an electronics shop charges his customer 25% more than the cost price. If a customer paid Rs.11,500 for a television set, then what was the cost price of the television set?