Profit and Loss Practice Test 8

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Question : 13 of 40

Marks: +1, -0

An owner of a tools shop marks his goods for Rs 7,500 and allows a discount of 18%. If he still gains

11 9/11%

, then the cost price will be:

Rs 5,000
Rs 5,500
Rs 4,900
Rs 4,600
Rs 6,000

Solution:

\table \MP, \SP \at 18% \discount;7500 ,6150

Profit

= 11 9/11%

CP=100/{100+11 9/11} × 6150=5500

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