The labeled price of a table is Rs. 7,000. 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.
A) Rs. 5782
B) Rs. 6195
C) Rs. 6650
D) Rs. 7200
E) None of these
Explanation:   Labeled price = Rs. 7,000   By giving 5% discount on labeled price, the selling price is   = 95 / 100 * 7000 = Rs. 6650   By earning 15% profit on the selling of price Rs. 6650 the cost price is   = 100 / 115 * 6650 = Rs. 5782   Therefore, approximate cost is 5782   Rs. 5782NSWER Rs. 5782
<result>A</result>
The labeled price of a table is Rs. 7,000. 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?