Management Aptitude Test Sep 2020 Paper

Question : 112 of 200

Marks: +1, -0

What per cent selling price would be

34 \%

of the cost price if the gross profit is

26 \%

of the selling price?

Solution:

Let SP of the object be

1 0 0

∴ {CP}

of the object

=100-\;{26}/{100} × 100=\₹ 74

According to the question,

34 \%

{CP}

of the object

=\;{34 × 74}/{100}=\₹ 25.16

=25.16 \%

{SP}

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