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10. An article was sold for Rs. 415 at a loss of 17%. What would have been the cost price?
a Rs. 475
b. Rs. 490
C. Rs. 500
d. Rs. 525
4. Given the production cost associated with an item is Rs. 20 and fixed cost is Rs. 60,000 per
month. Each item is sold at Rs. 32 per item. If the target profit is Rs. 18,000, then number of
item to produced and sold is as
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Answer:
cp = sp × 100÷ (100-17)
= 415 ×100÷83=₹500
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