Arithmeticmedium · Past Paper
What is the CP of an article which is sold for Rs. 1470 at a profit of 16.66%?
ARs. 1200
BRs. 1260
CRs. 1300
DRs. 1250
✓ Correct Answer: B — Rs. 1260
16.66% = 1/6. SP = CP(1+1/6) = 7/6 CP. 1470 = 7/6 CP => CP = 1260.
Share this question
More from Arithmetic
- What is the interest on Rs. 1 for 1 year at 1 paisa per rupee per month?
- A man invests Rs 5000 for 3 years at 10% per annum compound interest. Calculate the interest for the third year only.
- If SI on Rs. X at R% for T years is Rs. 100, then SI on Rs. 2X at R/2% for 2T years is:
- What is 20% of Rs. 5?
- If A:B = 2:1 and A:C = 3:1, find B:C.