Management Aptitude Test Dec 2013 Paper

Question : 92 of 200

Marks: +1, -0

What per cent selling price would be 34% of the cost price if the gross profit is 26% of the selling price?

Solution:

(b) Let SP of the object be ₹ 100.
CP of the object = 100 -

26/100

x 100 = ₹ 74
According to the question,
34% of CP of the object
=

{34×74}/100

= ₹ 25.16
= 25.16% of SP

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