Question 148

The owner of a Gift shop charges his customer 28% more than the cost price: If a customer paid Rs. 1,408/- for some Soft toys, then what was the cost price of those Soft toys?

Solution

Let the cost price of the soft toys = Rs. $$100x$$

Selling price = $$\frac{128}{100} * 100x = 128x$$

Acc to ques,

=> $$128x = 1408$$

=> $$x = \frac{1408}{128} = 11$$

$$\therefore$$ Cost price of soft toys = 100 * 11 = Rs. 1,100

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