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

Answer:

A

Step-by-step explanation:

Your question is incorrect.It should be 340%

Let the profit be 'x'.

Then the cost price of the bag = 340x/100 = 3.4x.

∴ Cost price + Profit obtained = Selling price.

3.4x + x = 1540.

4.4x = 1540

x= 1540/4.4

x = 350.

Then,

3.4x = 3.4(350) = 1190.

So, cost price of the college bag = 1190.

hope it helps you.

#Bebrainly