Question

    The profit obtained by a vendor on selling goods at

    ₹3,200 is equal to 7/5th of the profit obtained by selling the same goods at ₹3,000. What is the cost price (in ₹) of the goods?
    A 2,500 Correct Answer Incorrect Answer
    B 2,700 Correct Answer Incorrect Answer
    C 2,400 Correct Answer Incorrect Answer
    D 2,900 Correct Answer Incorrect Answer

    Solution

    Sp=3200 Second SP=3000 Let the Cost price =x ATQ- 3200-x =(3000-x)7/5 16000-5x =21000-7x 2x =5000 X =2500 Cost price =2500Rs.

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