Multiple choice

12% more is gained by selling a coat for Rs. 8784 than by selling it for Rs. 8712. The cost price of the coat is:

  1. Rs. 1800

  2. Rs. 1200

  3. Rs. 1000

  4. Rs. 600

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

Let CP = x, profit at Rs 8712 = p%. Then CP(1 + p/100) = 8712. 12% more profit means profit becomes (p + 12)%, so CP(1 + (p+12)/100) = 8784. Difference: CP(p+12)/100 - CP(p/100) = 72 → CP × 12/100 = 72 → CP = 600. Option D is correct.