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Neil Nilesh

· started a discussion

· 1 Months ago

Answer is 3150 not 31500. As TopRankers is ZERO in every aspect they mention their quality everywhere in options too.

Question:

    A man sells his goods at 14.28% profit. Had he purchased it for Rs. 900 less and sold it for 900 less then he would gain 5.72% more profit. Find the initial cost price?


Options:
A)

 45000

B)

 31500

C)

 38000

D)

 19000

Solution:

    Let the cost price =  7x   

And selling price =  8x   

New C.P. =  7x-900   ,     S.P. =  8x-900   

7x-9008x-900=1012x=4500C.P.=4500×7=31500   

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