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A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?
- a)137
- b)140
- c)135
- d)120
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A toy is sold for Rs.336, if the % of profit is equal to cost price, t...
(100+x)% of X = 336
100x+x2 = 33600
x2 +100x – 33600 = 0
(x+240x)(x-140x) =0
X = 140
100x+x2 = 33600
x2 +100x – 33600 = 0
(x+240x)(x-140x) =0
X = 140
Most Upvoted Answer
A toy is sold for Rs.336, if the % of profit is equal to cost price, t...
Given: Selling price (SP) = Rs. 336
To find: Cost price (CP)
Let's assume the percentage of profit is x. Then, according to the question,
Profit = SP - CP
x% of CP = SP
Substituting the value of SP in the second equation, we get:
x% of CP = 336
Multiplying both sides by 100/x, we get:
CP = (336 * 100) / x
But, we also know that the profit is equal to the cost price. So,
Profit = CP
Substituting this in the formula for profit, we get:
CP = SP - CP
2CP = SP
CP = SP / 2
Substituting the value of SP in this equation, we get:
CP = 336 / 2
CP = 168
Therefore, the cost price is Rs. 168.
Option B (140) is not the correct answer.
To find: Cost price (CP)
Let's assume the percentage of profit is x. Then, according to the question,
Profit = SP - CP
x% of CP = SP
Substituting the value of SP in the second equation, we get:
x% of CP = 336
Multiplying both sides by 100/x, we get:
CP = (336 * 100) / x
But, we also know that the profit is equal to the cost price. So,
Profit = CP
Substituting this in the formula for profit, we get:
CP = SP - CP
2CP = SP
CP = SP / 2
Substituting the value of SP in this equation, we get:
CP = 336 / 2
CP = 168
Therefore, the cost price is Rs. 168.
Option B (140) is not the correct answer.
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A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A toy is sold for Rs.336, if the % of profit is equal to cost price, then find CP ?a)137b)140c)135d)120e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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