Management Aptitude Test 2018 Paper

Question : 104 of 200

Marks: +1, -0

A shopkeeper sold T-shirts at ₹ 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each T-shirt?

₹ 245
₹ 250
₹ 255
₹ 260

Validate

Solution:

(b) Let the cost price of T-shirt be ? x and labelled price be ₹ y.
Then, y =

112/100x

and y ×

95/100

= 266
⇒

112/100\x×95/100

= 266
⇒ x =

{266×100×100}/{112×95}

= ₹250
Hence, cost price of T-shirt is ₹ 250.

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