Question
89 of
100
Question Palette
A toy is sold at a profit of 12%. If it were sold for ₹33 more, the profit would be 14%. What is the cost price?
Correct Option:
C
Explanation
The toy was originally sold at 12% profit. An extra ₹33 would raise the profit to 14%, so ₹33 represents 2% of the cost price:
2% of CP = 33
CP = (33 × 100)/2 = ₹1,650.