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      Question

      9% more is gained by selling a ring for Rs. 3588 than

      by selling it for Rs. 2814. Find the cost price of the ring.
      A Rs. 8600 Correct Answer Incorrect Answer
      B Rs. 7200 Correct Answer Incorrect Answer
      C Rs. 6400 Correct Answer Incorrect Answer
      D Rs. 6250 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      9% of the cost price = 3588 โ€“ 2814 = 774 CP = (774* 100) /9 =ย  Rs. 8600 Alternate Method: CP = (100 * Difference in SP)/ % difference in profit = (100 * 774)/9 = Rs. 8600

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