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Maria earned a profit of 30% on selling an article for Rs 6110. What was the cost price of the article ?
- ARs 5725
- BRs 4080
- CRs 5250
- DRs 4400
Answer not set
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Solution
Let the cost price of the article be C.
As the profit percentage is 30%, the selling price of the article is 1.3C
But, 1.3C = 6110
So, C = 6110/1.3 =Rs. 4700
As this is not given in the options, the correct answer is option (e)
Let the cost price of the article be C.
As the profit percentage is 30%, the selling price of the article is 1.3C
But, 1.3C = 6110
So, C = 6110/1.3 =Rs. 4700
As this is not given in the options, the correct answer is option (e)