Question

By selling an article for Rs.247.50, we get a
profit of 12 % %. The cost price of the article
is ?
1) Rs.210
3) Rs.224
2) Rs.220
4) Rs.225
With clear answer. ​

Answer 1

Answer:

$hey..mate..here..is..ans$

Correct Option: B

S.P. = Rs. 247.50

Gain = 25 / 2%

∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}

= Rs. (100 x 2 / 225 x 247.50)

= 220

Answer 2

Given:

An article is sold for Rs. 247.50 gaining a profit of 12%.

To Find:

The cost price of the article is?

Solution:

1. The selling price is Rs. 247.50.

2. A profit of 12% is obtained, let the Cost price of the article by x,

=> Selling price = Cost price + profit - loss,

=> 247.50 = x + 12.5% of x,

=> x + (12.5x/100) = 247.50,

=> 112.5x/100 = 247.50,

=> 112.5x = 24750,

=> x = 24750/12.5,

=> x = 49500/25,

=> x = 220.

3. The cost price of the book is Rs. 220.

Therefore, the cost price of the book is Rs. 220. Option 2 is the correct answer.