The price of a printer is 1/8 the price of a photocopy machine. If the price of 4 photocopy machines and 7 printers is Rs. 77,025, find the price of a printer?

Rs. 1998

Rs. 1975

Rs. 1984

None of these

Price of a printer = P

Price of a photocopy machine = 8P (since P = 1/8 * 8P)

Given:

4 * 8P + 7 * P = 77025

32P + 7P = 77025

39P = 77025

P = 77025 / 39

P = 1975