πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    Marked price, selling price and cost price of an article

    are in the ratio 10:8:3. If difference between marked price and cost price of an article is Rs. 1120 then find out the profit on the article. TYPE 30
    A Rs.800 Correct Answer Incorrect Answer
    B Rs.690 Correct Answer Incorrect Answer
    C Rs.540 Correct Answer Incorrect Answer
    D Rs.850 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the MP, SP and CP on an article be 10x, 8x and 3x respectively. According to question, => (10x – 3x) = 1120 => 7x = 1120 => x = 160 Now, Profit = SP – CP => Profit = (8x – 3x) = 5x = Rs.800

    Practice Next
    ask-question