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If a person sells a pen drive for ₹3192,...

If a person sells a pen drive for ₹3192, making a profit of 33%, then the cost price (in ₹) of the pen drive is:

A

2400

B

2800

C

2750

D

3000

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AI Generated Solution

The correct Answer is:
To find the cost price of the pen drive given the selling price and profit percentage, we can follow these steps: ### Step 1: Identify the given values - Selling Price (SP) = ₹3192 - Profit Percentage (P%) = 33% ### Step 2: Understand the relationship between Selling Price, Cost Price, and Profit The formula to calculate Selling Price when the Cost Price (CP) and Profit Percentage are known is: \[ SP = CP + (P\% \times CP) \] This can be rewritten as: \[ SP = CP \times \left(1 + \frac{P\%}{100}\right) \] ### Step 3: Substitute the known values into the formula Substituting the values we have: \[ 3192 = CP \times \left(1 + \frac{33}{100}\right) \] This simplifies to: \[ 3192 = CP \times \left(\frac{133}{100}\right) \] ### Step 4: Solve for Cost Price (CP) To isolate CP, we rearrange the equation: \[ CP = \frac{3192 \times 100}{133} \] ### Step 5: Calculate the Cost Price Now we perform the calculation: 1. Multiply 3192 by 100: \[ 3192 \times 100 = 319200 \] 2. Divide by 133: \[ CP = \frac{319200}{133} \] Performing the division: \[ CP = 2400 \] ### Conclusion The Cost Price of the pen drive is ₹2400. ---
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SSC SELECTION POST-SSC PREVIOUS YEAR PAPER MATRIC LEVEL (14 OCT 2019 SHIFT 1)-SECTION : QUANTITATIVE APTITUDE BASIC ARITHMETIC SKILL
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