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A seller calculated his intended selling price at 5% profit on the cost of a product. If profit is reduced by ₹120, then profit percentage is reduced to 3.5%. What is the cost price of the product?
A seller calculated his intended selling price at 5% profit on the cost of a product. If profit is reduced by ₹120, then profit percentage is reduced to 3.5%. What is the cost price of the product?
Options
Correct Answer
C. ₹8000
- Exam
- Bihar CGL
- Language
- English
- Subject
- Reasoning & Mental Ability
- Topic
- Logical Reasoning
- Year
- 2022
- Difficulty
- 1/5
- Section
- Comprehension, Logical Reasoning & Mental Ability
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