Question

The selling price of a fan is INR 7,392. If profit percentage is 32%, then what is the cost price (in INR) of the fan?

• A. 5200
• B. 5400
• C. 5600
• D. 4800

Answer 1

Answer:

C. 5600

Profit = 32%

So,
$\text{Selling Price} = 132$

Given:
$\text{SP} = 7392$
$\text{CP} = \frac{7392 \times 100}{132}$
$= \frac{739200}{132}$
$= 5600$
Cost price of the fan = INR 5,600