A radio sold at Rs 1344 yields a 12% profit. What was its cost?
- Rs 1180
- Rs 1200
- Rs 1250
- Rs 1150
Show answer and solution
Correct answer: B. Rs 1200
1344 is 112 percent of cost, so cost = 1344/1.12 = Rs 1200.
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Correct answer: B. Rs 1200
Correct answer: C. Rs 420
Correct answer: C. 33.33%
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