Scholarship Exam Preparation App
Class 6 - (Math )
Applied Mathematics - Profit - Loss
When an item is sold for Rs.60, the profit is 1/5 of the purchase price. What is the purchase price?
a :
₹ 50
b :
₹ 48
c :
₹ 55
d :
₹ 45
Explanation :
Profit = 1/5 Buy Price ⇒ Sell Price = 6/5 Buy Price ⇒ 60 = 6/5 Buy Price ⇒ Buy Price = 50.