Question

The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?
A) Rs. 1190
B) Rs. 1288
C) Rs. 1365
D) Rs. 1452

Answer 1

Hey mate ^_^

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Answer:
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Let the profit be Rs. x

Then,

Cost price of the bag

$= \frac{340x}{100}$

$= 3.4x$

According to question,

$3.4x + x = 1540$

$4.4x = 1540$

$x = \frac{1540}{4.4}$

$x = 350$

The profit x = $Rs. \: 350$

Hence,

$= 3.4x$

$= 3.4 \times 350$

$= 1190$

Therefore,

Correct option A) Rs. 1190

#Be Brainly❤️

Answer 2

Heyy mate ❤✌✌❤

Here's your Answer....

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Let the profit be Rs. p

Then Cost price of the bag = 340p/100 = 3.4p

According to question,

3.4p + p = 1540

4.4p = 1540

p = 1540/4.4

p = 350

The profit p = Rs, 350

 Hence, The cost price of the bag = 3.4p = 3.4 x 350 = Rs. 1190.
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