MBA
Exam
If the discount percentage of an article is equal to the profit percentage,and the ratio of the cost price and the marked price is 8:13,then find the cost price of the article if its selling price is 120. 1) 50 2) 76 3) 97 4) 105
Read Solution (Total 1)
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- Rs 97
If Cp=8x, MP= 13 x and
sp=120
y% is the profit, then
8x*(100+y)/100= 13x*(100-y)/100
y= 500/21
CP=8x = 120*100/(100+y) = 97 approx. - 11 years agoHelpfull: Yes(1) No(0)
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