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Discussion :: IBPS BANK EXAM TEST 1

  1. Sunil sold an antique flower vase to Vinay at 12% more than the cost price. If Vinay paid Rs.17,696 for the vase what was its original cost price?
    2. A.

    Rs. 15500
    B.

    Rs. 15820
    C.

    Rs. 15800
    D.

    Rs. 15520
    E.

    None of these

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    Workspace

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    Answer : Option C

    Explanation :

    Cost price = 100/(100+12) * 17696

    = 100/112 * 17696

    Rs. 15800

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