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

    Question

    The ratio of cost price and selling price of a shirt is

    3:4 respectively. The shirt was marked up by 35% above its cost price, and sold after giving Rs.50 discount. Find the cost price of the shirt.
    A Rs.2500 Correct Answer Incorrect Answer
    B Rs.2800 Correct Answer Incorrect Answer
    C Rs.3000 Correct Answer Incorrect Answer
    D Rs.3200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the Cost price and Selling price of the shirt be Rs. 3x and 4x respectively. According to the question, => 1.35 × 3x – 50 = 4x => x = 50/0.05 = 1000 Therefore the cost price of the shirt = 3x = Rs.3000

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