Find the cost price of an item which is sold for Rs. 440 at a loss of 12%.

M4maths Previous Puzzles

13 Jul 2020 Profit & Loss

Find the cost price of an item which is sold for Rs. 440 at a loss of 12%.

OPtion

1) 520
2) 600
3) 480
4) 460
5) 560
6) 525
7) 400
8) 500
9) 660
10) None of these

Solution

If CP 100 SP 88
i.e. When SP 88 CP 100
when SP 440 CP = 100*440/88 = 500

Correct Option: 8 Best Solution (4)