Multiple choice

A man sells a cup of tea at a profit of 17 % . If he bought it 15 % less and sold it for Rs 4.4 more, he would have gained 48 %. Find the cost price of a cup of tea ?

  1. 75 Rs

  2. 50 Rs

  3. 150 Rs

  4. 125 Rs

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let cost price be x. Original selling price = x + 0.17x = 1.17x. New cost price = 0.85x (15% less). New selling price = 1.17x + 4.4. New profit = 48%, so new selling price = 1.48 × 0.85x = 1.258x. Setting equal: 1.17x + 4.4 = 1.258x. Solving: 4.4 = 0.088x, so x = 50.

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