An article is marked at ₹550. If it is sold at a discount of 40%, then the selling price becomes 10% more than its cost price. What is the cost price (in ₹)?
Question:
An article is marked at ₹550. If it is sold at a discount of 40%, then the selling price becomes 10% more than its cost price. What is the cost price (in ₹)?
An article is marked at ₹550. If it is sold at a discount of 40%, then the selling price becomes 10% more than its cost price. What is the cost price (in ₹)?
Options
Answer: (3) ₹300
Explanation:
SP = 550 × 0.6 = ₹330. If SP = 1.1 × CP, then CP = 330/1.1 = ₹300
Explanation:
SP = 550 × 0.6 = ₹330. If SP = 1.1 × CP, then CP = 330/1.1 = ₹300
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