THE OWNER OF AN ELECTRONICS SHOP CHARGES HIS CUSTOMER 25% MORE THA...

98. 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? (1) Rs. 9,200 (2) Rs. 7,200 (3) Rs. 8,600 (4) Rs. 9,800 (5) Rs. 10,000