Multiple choice

By selling a transistor for Rs $1,20,000$, a shopkeeper earns a profit equivalent to $33$% of the cost price of the transistor. What is the cost price of the transistor?

  1. Rs$70,226$
  2. Rs$80,226$
  3. Rs$90,226$
  4. Rs$1,00,226$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit is 33% of cost price (CP), so Selling Price (SP) = CP + 0.33*CP = 1.33*CP. Given SP = 120,000, CP = 120,000 / 1.33 = 90,225.56. The closest option is 90,226.

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