Discussion of Question with ID = 033 under Profit-and-Loss

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Question

An item has a printed price of Rs. 5060 which includes the shopkeeper's profit of 15%. What is the cost price of the shopkeeper?

A

Rs. 4400.

B

Rs. 4410.

C

Rs. 4395.

D

Rs. 4405.

Soln.
Ans: a

If the sale price is (100 + 15), i.e. Rs. 115, then cost is Rs. 100. So if the sale is Rs. 5060, the cost = $100/115$ × 5060 = Rs. 4400.


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