Profit and Loss Practice Test 10

Question : 7 of 28

Marks: +1, -0

The difference in selling a coat at profits of 4% and 6% is Rs. 12. The cost price of the coat is:

Solution:

Here 2% = 12
∴ 100% =

12/2 ×100

= Rs. 600
Hence, cost price of coat = Rs. 600

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