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    Question

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

    6:7 respectively. The shirt was marked up by 25% above its cost price, and sold after giving Rs.50 discount. Find the cost price of the shirt.
    A Rs.500 Correct Answer Incorrect Answer
    B Rs.400 Correct Answer Incorrect Answer
    C Rs.450 Correct Answer Incorrect Answer
    D Rs.600 Correct Answer Incorrect Answer

    Solution

    Let the Cost price and Selling price of the shirt be Rs. 6x and 7x respectively. According to the question, => 1.25 × 6x – 50 = 7x => x = 50/0.5 = 100 Therefore the cost price of the shirt = 6x = Rs.600

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