The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 7967 for a computer table, then what was the cost price of the computer table?
Choose the correct option: A) 7297 B) 6425 C) 2871 D) 6725 E) 2981
Explanation:   CP = SP * (100/(100 + profit%))   = 7967(100/124) = Rs. 6425.   Answer: 6425
<result>B</result>
The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 7967 for a computer table, then what was the cost price of the computer table?