Multiple choice

Mohit sold a T.V. for Rs. 3 , 600 3,600 , gaining one-sixth of its selling price. Find t he cost price of the T.V.

  1. Rs. $3,125$
  2. Rs. $2,775$
  3. Rs. $3,250$
  4. Rs. $3,000$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Selling price = 3600. Gain = 1/6 * SP = 1/6 * 3600 = 600. Cost price = SP - Gain = 3600 - 600 = 3000.

AI explanation

The profit is one-sixth of the selling price, so Profit = 3600 / 6 = Rs. 600. Using the relation Cost Price = Selling Price - Profit, we get 3600 - 600. The cost price of the T.V. is Rs. 3,000.