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An item, when sold at a certain price, yields r% profit on cost price.
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04 Apr 2023, 04:34
04 Apr 2023, 04:34
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An item, when sold at a certain price, yields r% profit on cost price. Had it been sold for $s more, the profit percentage would have been t% of cost price. What is its cost price?
\(\frac{100r}{(t-s)}\)
\(\frac{100s}{(t-r)}\)
\(\frac{s}{100(t-r)}\)
\(\frac{st}{100(t-r)}\)
\(\frac{(t-r)}{100s}\)
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\(\frac{100r}{(t-s)}\)
\(\frac{100s}{(t-r)}\)
\(\frac{s}{100(t-r)}\)
\(\frac{st}{100(t-r)}\)
\(\frac{(t-r)}{100s}\)
Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our Project: Free GRE Prep Club Tests in Exchange for 20 Kudos
\(\Longrightarrow\) GRE - Quant Daily Topic-wise Challenge
\(\Longrightarrow\) GRE PERCENT
Re: An item, when sold at a certain price, yields r% profit on cost price.
[#permalink]
04 Apr 2023, 05:14
04 Apr 2023, 05:14
1
r = 100 * (sp - cp)/cp
t = 100 * (sp + s - cp)/cp = 100* (sp - cp)/cp + 100 * s/cp
t = r + 100 * s/cp
CP = 100s/(t - r)
Option B
t = 100 * (sp + s - cp)/cp = 100* (sp - cp)/cp + 100 * s/cp
t = r + 100 * s/cp
CP = 100s/(t - r)
Option B
gmatclubot
Re: An item, when sold at a certain price, yields r% profit on cost price. [#permalink]
04 Apr 2023, 05:14
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