Multiple Choice Questions on The ratio of discount and profit is 4 3 of the Article O Find CP of Article O ........ for HAS Exam Preparation

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    Direction: This following table is related to profit and loss and some values are missing. All the discounts are on the M.P. and the Profits are on C.P. Read the Questions carefully and answer the question:

    Article
    Cost Price (RS)
    Profit (%)
    Marked Price (Rs)
    Discount (%)
    Selling Price (Rs)
    M
    2160
    -
    2560
    -
    -
    N
    -
    20%
    -
    -
    -
    O
    -
    -
    2875
    20%
    -
    P
    1800
    -
    -
    -
    1980
    Q
    -
    25%
    4000
    -
    -

    The ratio of discount % and profit % is 4:3 of the Article O. Find CP. of Article O.

    1200 Rs.

    Incorrect Answer

     2800 Rs.

    Incorrect Answer

    3500 Rs.

    Incorrect Answer

    2000 Rs.

    Correct Answer

     None of these

    Incorrect Answer
    Explanation:

    The ratio of discount % and profit % is 4:3.
    Discount % = 20%
    Profit % = (20×3)/4
    = 15%
    C.P. = M.P. × (100-Discount %)/ (100+Profit %)
    C.P. = 2875 × (100-20%)/ (100+15%)
    CP. = 2875×80/115
    C.P. = 2000 Rs.


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