New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    160 cycles were sold for Rs.524,000 resulting in a loss

    of 10%. What was the cost price of a cycle (in Rs.)? (rounded off to the nearest rupee)
    A 3275 Correct Answer Incorrect Answer
    B 3639 Correct Answer Incorrect Answer
    C 4321 Correct Answer Incorrect Answer
    D 4763 Correct Answer Incorrect Answer

    Solution

    S.P of 160 cycles = Rs 524000 S.P of 1 cycle = 524000 / 160 = 3275 C.P of 1 Cycle = 3275 x 100 / 90 = 3638.8 = 3639 (Approx)

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