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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 20% above its cost price, and sold after giving Rs.40 discount. Find the cost price of the shirt.
      A Rs.700 Correct Answer Incorrect Answer
      B Rs.1200 Correct Answer Incorrect Answer
      C Rs.560 Correct Answer Incorrect Answer
      D Rs.1800 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, => 1.2 × 6x – 40 = 7x => x = 40/0.2 = 200 Therefore the cost price of the shirt = 6x = Rs.1200

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