Question

14% more is gained by selling a spectacles for Rs. 4288 than by selling it for Rs. 4113. Find the cost price of the spectacles.

A Rs. 1600 Correct Answer Incorrect Answer
B Rs. 1200 Correct Answer Incorrect Answer
C Rs. 1400 Correct Answer Incorrect Answer
D Rs. 1250 Correct Answer Incorrect Answer

Solution

14% of the cost price = 4288 – 4113= 175 CP = (175 × 100) / 14 =  Rs. 1250 Alternate Method: CP = (100 × Difference in SP)/ % difference in profit = (100 × 175)/14 = Rs. 1250

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