Multiple Choice Questions on The sale price of an article including the sales tax is Rs 616 The rate of sales tax is 10 If the sh........... for CDS Exam Preparation

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Multiple Choice Questions

The sale price of an article including the sales tax is Rs 616 The rate of sales tax is 10 If the sh...........

Quantitative Aptitude (CDS) Profit and loss
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    The sale price of an article including the sales tax is Rs.616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:

     

    820

    Incorrect Answer


    643

    Incorrect Answer


    780

    Incorrect Answer


    500

    Correct Answer
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    Explanation:

    110% of S.P.=Rs.616
    S.P.=(616×100)/110=Rs.560
    C.P.=(110×560)/112=Rs.500

    By: bhavesh kumar singh
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