Latest General Aptitude Question SOLUTION: A builder sold a house at an auction for 4200 and after paying the auctioneer 5% on the selling price he found that he had made a profit of 5% on what the house cost him. How much

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(#M40157481) GENERAL Numerical Ability question profit Keep an EYE

A builder sold a house at an auction for 4200 and after paying the auctioneer 5% on the selling price he found that he had made a profit of 5% on what the house cost him. How much did the house cost him?
a.3210
b. 2630
c. 3800
d. 2400

Asked In General ARTHI (7 years ago)

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vootla devi harshitha  (7 years ago)

Given SP=4200
after paying the auctioneer it at 5% ,he found that he had made a profit of 5% ,
so 4200-5% of 4200 which gives you Selling price.
so SP=4200-((5*4200)/100)
= 4200-210
SP=3990
now CP=(100*SP)/(100+Profit%)
= (100*3990)/(100+5)
= 3800
So the option is: C

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