Multiple choice

What percent of selling price would be equal to 34% of cost price if gross profit is 26% of the selling price? क्रय मूल्य का 34% विक्रय मूल्य के कितने प्रतिशत के बराबर होगा। यदि कुल लाभ विक्रय मूल्य का 26% है।

  1. 17.16%

  2. 74%

  3. 25.16%

  4. 88.40%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let SP = x, CP = y. Given 0.07x = 0.08y, so x = 8y/7. Gross profit = 26% of SP = 0.26x, which means CP = 0.74x. We need 34% of CP = 0.34y as percentage of SP x. Substituting: 0.34(7x/8) = 0.2975x = 29.75% of x. This needs verification with gross profit constraint.