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    Question

    The ratio of cost price and selling price of a shirt is

    4:5 respectively. The shirt was marked up by 30% above its cost price, and sold after giving Rs.40 discount. Find the cost price of the shirt.
    A Rs.700 Correct Answer Incorrect Answer
    B Rs.800 Correct Answer Incorrect Answer
    C Rs.600 Correct Answer Incorrect Answer
    D Rs.560 Correct Answer Incorrect Answer

    Solution

    Let the Cost price and Selling price of the shirt be Rs. 4x and 5x respectively. According to the question, => 1.3 × 4x – 40 = 5x => x = 40/0.2 = 200 Therefore the cost price of the shirt = 4x = Rs.800

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