Practicing Success
An item was sold for ₹500. If the selling price was 10% less, then the profit would have been 12.5%. What is the cost price of the item? |
₹360 ₹480 ₹400 ₹420 |
₹400 |
Selling price of the article = 500 If the selling price will be = 10% less then profit would be = 12.5% So according to the question, Cost price of the article = 500 × \(\frac{9}{10}\) × \(\frac{100}{112.5}\) = 400 |