1.

The difference between cost price and selling price is Rs. 576. If the profit percentage is 16%, then what is the cost price (in Rs.)?1). 30242). 41763). 36004). 3800

Answer»

PROFIT % = {(SELLING PRICE - cost price)/cost price} × 100

⇒ 16 = (576/cost price) × 100

∴ Cost price = 57600/16 = 3600


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