When an article is sold for Rs. 3400 , there is a loss of 2 %. What is the cost price of the commodity?
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1
Syntel Company Numerical Ability Profit and Loss
- C.P=(100/98)*34.80= Rs.35.510
- 9 years agoHelpfull: Yes(18) No(2)
- C.P=Rs.(100/75 * 34.80)=Rs. 46.40
- 10 years agoHelpfull: Yes(7) No(27)
- C.P=(100/98)*34.80= Rs.35.510...bvut ans is not there .. @arpita das how we got 75 in the solution??
- 8 years agoHelpfull: Yes(4) No(0)
- S.P=100-loos%*C.P/100
34.80=100-2*C.P/100 C.P= 34.80*100/98
C.P=35.510
- 7 years agoHelpfull: Yes(2) No(0)
- question wrong .....its not 2precent it is 25%
- 7 years agoHelpfull: Yes(2) No(0)
- none of these
- 7 years agoHelpfull: Yes(1) No(0)
- C.P=(100/75*34.80)=46.40
- 7 years agoHelpfull: Yes(0) No(1)
- C.P. = Rs. (10075∗34.80)
(10075∗34.80)
= Rs. 46.40.
- 6 years agoHelpfull: Yes(0) No(1)
- if so why there is no option for it
- 5 years agoHelpfull: Yes(0) No(0)
- C.P. = Rs. [100/75× 34.80]
= Rs.46.40
- 3 years agoHelpfull: Yes(0) No(0)
When a commodity is sold for \$34.80, thre is a loss of 2%. What is the cost price of the commodity?
The answer choices are as follow:
\$26.10
\$43
\$43.20
\$46.40
I tried to solve this by multiplying 34.80 dollars to 98 percent
(since there is a loss of 2%) and get $34.104.
But the answer key states that the answer is \$46.40.
Cost Price = (100/75 x 34.80) which yields \$46.40.
I don't know how it ended up with 100/75 in the solution, or how there's even 75 in it. I suspect the problem has some kind of typographical error.. Or if none, how did it wind up as $46.40?
Please help me understand this problem and reconcile the problem itself, the answer key I have and the solution I made earlier. (My suspicion is that it has a typo error. It has a 25% loss not 2%.)
PS I am a first yr college student struggling with word problems, specifically.
Thank you!