In a scheme, a pack of three soaps with MRP Rs.45 is available for Rs.42. If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is ?
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Selling price – Cost price = Profit
Selling price = Rupees 42.00
Cost price = x
Profit = (5/100) x
Therefore 42 – x = (5/100) x
42 = 5x/100 + x
42 = 105x/100
4200/105 = x
x = 40
Hence Cost price of the soap pack is Rupees 40.00
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In a scheme, a pack of three soaps with MRP Rs.45 is available for Rs.42.
If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is?
The correct answer is In a scheme, a pack of three soaps with MRP Rs. 45 is available for Rs.42.
If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is 40.
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