New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    TYPE 15

    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.30 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
    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 – 30 = 4x => x = 30/0.05 = 600 Therefore the cost price of the shirt = 3x = Rs.1800

    Practice Next