What is the cost price of a product, if the gain in selling it for Rs. 27,120 is 13%?

- Rs. 24,600
- Rs. 24,000
- Rs. 22,800
- Rs. 25,300

Option 2 : Rs. 24,000

Free

RRB ALP 2018 Full Test (Stage II - Part A)

118941

100 Questions
100 Marks
90 Mins

Let the cost price of the product be C.

Sell price after a gain of 13% = 1.13C = 27120

∴ C = 27120/1.13 = 24000

∴ The cost price of the product is Rs. 24000.

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