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

  • google app store apple app store
  • βœ–

      Question

      A shopkeeper marked his goods 30% above the cost price

      and earned a profit of Rs. 14 after selling it by giving a discount of 22%. Find the cost price of the article
      A Rs. 1000 Correct Answer Incorrect Answer
      B Rs. 1200 Correct Answer Incorrect Answer
      C Rs. 1300 Correct Answer Incorrect Answer
      D Rs. 1400 Correct Answer Incorrect Answer

      Solution

      Let cost price of the article is Rs. β€˜x’ Marked price of the article = 1.3 Γ— x = Rs. 1.30x Selling price of the article = 0.78 Γ— 1.30x = Rs. 1.014x So, 1.014x – x = 14 Or, 0.014x = 14 Or, x = 1000 So, cost price of the article = Rs. 1000

      Practice Next

      Relevant for Exams:

      ask-question