A television marked at ₹42,000 is sold at a 5% discount. The dealer still makes a profit of 14%. What is the cost price?

Explanation

1. 01

   SP = 95% of ₹42,000 = ₹39,900.

2. 02

   SP = 114% of CP.

3. 03

   CP = $39900 \times \frac{100}{114} = 35000$, that is ₹35,000.