📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      The marked price of a product is Rs.300 more than the

      cost price. If 55% discount offered on the marked price and the profit percent on that product is 12.5%, then find the cost price of the product.
      A Rs.200 Correct Answer Incorrect Answer
      B Rs.300 Correct Answer Incorrect Answer
      C Rs.400 Correct Answer Incorrect Answer
      D Rs.500 Correct Answer Incorrect Answer

      Solution

      Let the CP of the product be Rs.x   And MP = Rs.(300 + x)   According to question,   => (x × 12.5/100) = [(x + 300) × 45/100]   => (x × 12.5) = [(x + 300) × 45]   => x = Rs.200

      Practice Next
      ask-question