Latest Miscellaneous Company Exam Aptitude Question SOLUTION: An increase of Rs 3 in the selling price of an article turn a loss of 15/2% into a gain of 15/2%.The cost price of the article is??

• Placement Papers
• /
• Miscellaneous Company Exam

Miscellaneous Company Exam Question Papers:

(#M40013296) MISCELLANEOUS COMPAN question Keep an EYE

An increase of Rs 3 in the selling price of an article turn a loss of 15/2% into a gain of 15/2%.The cost price of the article is??

Asked In Miscellaneous Company Exam jaya mishra (11 years ago)

Unsolved Read Solution (4)

Is this Puzzle helpful?   (4)   (3) Submit Your Solution

Read Solution (4) :

Garima  (11 years ago)

(15/2 +15/2) % of CP = 3
15% of CP =3
CP = 3*100/15 = Rs 20

Is this solution Helpfull? Yes (4) | No   

mohd zubair khan  (11 years ago)

let cost price= x rs
and selling price = y rs
now condition (1)-
if we sell at y loss occurs 15/2%
so by formula
selling price ={(100-%loss)/100}* cost price
so put values
y={(100-15/2)/100}x
y=(185/200)*x
x*182/200 - y=0---------(1)
condition 2-
if we increase selling price by 3 we get profit by 15/2%
so by formula
selling price={(100+%profit)/100}*cost price
put values
y+3={(100+15/2)/100}*x
x*(215/200)-y=3 --------(2)
now on solving equation 1 and 2 we get
x= 20 rs (answer)

Is this solution Helpfull? Yes (2) | No   

Sachin Singh Gusain  (10 years ago)

let cp=x
SP(loss) = (100x-7.5x)/100
SP(gain) = (100x+7.5x)/100
given SP(loss) + 3 = SP(gain)
put the values in the above equation gives x = 20
CP = 20

Is this solution Helpfull? Yes (1) | No   

subhash dhaka  (11 years ago)

cost price is 20

Is this solution Helpfull? Yes | No (4)  

Please Login to Read Solution.