Quantitative Aptitude Ques 1087

Question: Shreyas bought an article and sold it for 125% of its cost price. What was the cost price of the article, if Shreyas sold it for Rs. 30750?

Options:

A) Rs. 24600

B) Rs. 25640

C) Rs. 24250

D) Rs. 23200

E) None of these

Show Answer

Answer:

Correct Answer: A

Solution:

  • [a] Suppose the cost price of the article $ =Rs.,x $ Then, $ x\times \frac{125}{100}=Rs.,30750 $
    $ \Rightarrow $ $ x=\frac{30750\times 100}{125} $
    $ \Rightarrow $ $ x=Rs.24600 $
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