Arithmetic Ability
Profit and Loss

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Q.

In a scheme, a pack of three soaps with MRP Rs.45 is available for Rs.42. If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is ?

View Answer

Correct choice: C

Explanation:

Given M.P=45,S.P=42, Profit = 0.05 Let C.P=x , Then Profit = (42-x)/x = 0.05 => x = 40.
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