The labeled price of a table is Rs. 7,500. The shopkeeper sold it by giving 5% discount on the labeled price and earned a profit of 15%. What approximately is the cost price of the table?  Choose the correct choice from the following answers:
A) Rs. 6195 B) Rs. 6199 C) Rs. 6192 D) Rs. 6191 E) Rs. 6194
Explanation:   Labeled price = Rs. 7,500   By giving 5% discount on labeled price, the selling price is   = 95 / 100 * 7500 = Rs. 7125   By earning 15% profit on the selling of price Rs. 7125 the cost price is   = 100 / 115 * 7125 = Rs. 6195.65   Therefore, approximate cost is 6195.65   Rs. 6195NSWER: Rs. 6195
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The labeled price of a table is Rs. 7,500. The shopkeeper sold it by giving 5% discount on the labeled price and earned a profit of 15%. What approximately is the cost price of the table?