Question : Vishal sells a bag at a profit of 40%. If Vishal's profit is INR 880, then what is the cost price of the bag?
Option 1: INR 2,000
Option 2: INR 2,450
Option 3: INR 1,900
Option 4: INR 2,200
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 2,200
Solution : Profit = INR 880 40% of cost price = 880 Cost price = $\frac{880}{0.4}$ = INR 2200 Hence, the correct answer is INR 2,200.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : A fruit seller sells $\frac{2}{5}$th part of fruits at a profit of 10% and remaining at a loss of 5%. If the total profit is INR 1850, then what is the total cost price of fruits?
Question : The cost price of a notebook is INR 120. It is sold at a profit of 40%. What is the nominal profit made on the sale of each notebook?
Question : A trader allowed a discount of 30% on a trolley bag having a list price of INR 1800 and earns a profit of 20%. What is the cost price of the trolley bag?
Question : A shopkeeper sold 24 shirts, each at a profit of 20% and 16 shirts, each at a profit of 10%. If he had sold all 40 shirts, each at a profit of 15%, then his overall profit would have been reduced by INR 36. What is the cost price of each shirt?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile