Question : An article was sold at a loss of 13.5%. If it was sold for INR 1,104 more, then there would have been a profit of 9.5%. The cost price of the article was:
Option 1: INR 4,600
Option 2: INR 4,800
Option 3: INR 4,400
Option 4: INR 4,200
Correct Answer: INR 4,800
Solution : Let $x$ be the cost price. Loss = 13.5% of cost price = $0.135x$ Selling price = cost price – loss = $x-0.135x$ = $0.865x$ When selling price = $0.865x$ + INR 1,104, Profit = 9.5% of cost price = $0.095x$ Cost price = selling price – profit $x = 0.865x + 1104 - 0.095x$ ⇒ $0.23x = 1104$ ⇒ $x=4800$ Hence, the correct answer is INR 4,800.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : An article was sold at a certain price. Had it been sold at $\frac{4}{5}$ of that price, there would have been a loss of 10%. At what profit percentage was the article sold initially?
Question : Ankita sold three toys. The first toy was sold for INR 1,500 at a profit of 25%, the second toy was sold for INR 2,800 at a loss of 50% and the third toy was sold for INR 3,500 at a profit of 25%. Find her total profit or loss percentage.
Question : A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for INR 1,000 more, he would have made a profit of 40%. The cost price of the article (in INR) is:
Question : Aditya sold Article X at a profit of 23% and Article Y at a loss of 13%. He earned a profit of INR 180 in the entire transaction. If article X costs INR 90 less than article Y, then what is the price of article Y (in INR)?
Question : After allowing a 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is INR 648, then its marked price is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile