A briefcase was sold at a profit of 5%. If its cost price was 5% less and it was sold for ₹ 63 more, the gain would have been 20%. Find the cost price of the briefcase.
A briefcase was sold at a profit of 5%. If its cost price was 5% less and it was sold for ₹ 63 more, the gain would have been 20%. Find the cost price
A briefcase was sold at a profit of 5%. If its cost price was 5% less and it was sold for ₹ 63 more, the gain would have been 20%. Find the cost price of the briefcase.
A. ₹ 800
B. ₹ 900
C. ₹ 700
D. ₹ 960
The correct answer is option C. 700. Can you explain this answer in the comments?
Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…
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