When a laptop is sold at Rs.55,000/-, a

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

When a laptop is sold at Rs.55,000/-, a person earns a 25% gain. Find the cost price of the laptop?

Options:

30,000/-

44,000/-

33,000/-

45,000/-

Correct Answer:

44,000/-

Explanation:

CP + 25% of CP = SP

CP + \(\frac{25}{100}\) * CP = 55,000

\(\frac{125}{100}\) * CP = 55,000

CP = 55,000 * \(\frac{100}{125}\)

CP = 44,000