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8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    An item when sold for Rs. 1169 earned 40% profit on the cost price. What is the cost price?

    A) Rs. 835          

    B)                      Rs. 701.40

    C) Rs. 800          

    D)                      Rs. 840

    Correct Answer: A

    Solution :

    S.P = Rs. 1169, Profit = 40% \[C.P=\frac{S.P\times 100}{(100+P%)}\] \[=\frac{1169\times 100}{(100+40)}\] \[=\frac{1169\times 100}{140}\] = Rs. 835


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