Question

    TYPE 15

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

    5:6 respectively. The shirt was marked up by 25% above its cost price, and sold after giving Rs.60 discount. Find the cost price of the shirt.
    A Rs.1300 Correct Answer Incorrect Answer
    B Rs.1200 Correct Answer Incorrect Answer
    C Rs.1600 Correct Answer Incorrect Answer
    D Rs.140 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. 5x and 6x respectively. According to the question, => 1.25 × 5x – 60 = 6x => x = 60/0.25 = 240 Therefore the cost price of the shirt = 5x = Rs.1200

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