Question 78

Maria earned a profit of 30% on selling an article for Rs 6110. What was the cost price of the article ?

Solution

Let the cost price of the article be C.
As the profit percentage is 30%, the selling price of the article is 1.3C

But, 1.3C = 6110
So, C = 6110/1.3 =Rs. 4700

As this is not given in the options, the correct answer is option (e)

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