Multiple choice

Rajesh sold an article to Sachin at a loss of 28%. Sachin spent Rs. 168 on its repairs and sold it to Vijay for Rs. 3591, thereby, making a profit of 12.5%. Find the cost price of the article for Rajesh.

  1. Rs. 3800

  2. Rs. 3500

  3. Rs. 4000

  4. Rs. 4200
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Work backwards: Vijay paid Rs.3591 at 12.5% profit, so Sachin's cost = 3591/1.125 = Rs.3192. This includes repair cost, so Rajesh's selling price = 3192-168 = Rs.3024. Rajesh sold at 28% loss, so CP = 3024/0.72 = Rs.4200. Check: 4200 × 0.72 = 3024; 3024+168 = 3192; 3192 × 1.125 = 3591 ✓

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