6% more is gained by selling a coat for Rs. 1425 then by selling it for Rs. 1353.
Posted on 26-03-2023
Ques - 6% more is gained by selling a coat for Rs. 1425 then by selling it for Rs. 1353. The cost price of the coat is :
(a) Rs. 1000
(b) Rs. 1250
(c) Rs. 1500
(d) Rs. 1200
Solution -
SP of coat = Rs. 1353
6% more is gained by selling a coat for Rs. 1425.
New SP = Rs. 1425
New SP - SP = 6% of CP
1425 - 1353 = (6/100) CP
7200/6 = CP
1200 = CP
Thererfore,
The cost price of Coat is Rs. 1200.
Hence,
The correct answer is option (d) Rs. 1200.
Thank You