Total cost price is the sum of cost price along with all the expenses incurred on an article before it is sold.

True

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False

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Solution

The correct option is A True

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Similar questions

280

337.50

20

10 %

50

5 %

When a discount of 15% is allowed on the marked price of an article, it is sold for ₹ 2975.

Calculate its marked price. Given that the marked price. Given that the marked price is 40% above the cost price of the article, calculate:

(i) its cost price

(ii) the profit in ₹ made by the sale of the article.

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