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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? |
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Answer» <P>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. 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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