CUET Preparation Today
For every ₹5 worth of revenue, a retailer earns ₹1. If the cost of the goods was ₹4800, then how much did he earn? |
₹600 ₹900 ₹1200 ₹1120 |
₹1200 |
Given, Profit = Rs. 1 cost price = 5 Cost price = 5 – 1 = Rs. 4 Profit % = \(\frac{1}{4}\) × 100 = 25% If, cost price = 4800 Profit = 4800 × 25% = 1200 |
