Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 779

Q.  Vijay sells a cupboard at 14% below cost price. Had he got Rs.2086 more, he would have made a profit of 14%. What is the cost price of the cupboard?
- Published on 06 Jul 15

a. 7450
b. 14900
c. 7400
d. 7500

ANSWER: 7450
 
Cost price = 2086/(0.14 + 0.14) = 2086/0.28
= Rs.7450

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