Discussion

Q.

Rajiv sold his old camera at ₹ 6000 and got a profit of 20%. What was the cost price of the camera?

A. ₹ 4800

B. ₹ 5000

C. ₹ 4500

D. ₹ 5500

Correct Option is B

Explanation:

 

CP = 100 %          SP = 120 %

          120 % = ₹ 6000

          100 % =  6000/120 x 100 = ₹ 5000

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