Latest SSC Aptitude Question SOLUTION: when an article is sold for 703 loss incurred is 25% less than the profit earned on selling it at 836. what is the selling price when it earns a profit of 20% ? 1) 912 2) 1576 3)

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(#M40019240) SSC Numerical Ability question profit n loss Keep an EYE

when an
article is sold for 703 loss incurred
is 25% less than the profit earned
on selling it at 836. what is the
selling price when it earns a profit
of 20% ?
1) 912
2) 1576
3) 1532
4) 1092

Asked In SSC namankamboj (10 years ago)

Unsolved Read Solution (5)

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Read Solution (5) :

mohan lal garg  (10 years ago)

let cp=y
profit when sp=836
x=836-y
loss when sold in 703=3x/4
3x/4=y-703
put the value of x
627-3y/4=y-703
1330=7y/4
y=760
cp when profitis 20%
cp=760+152=912
so 912 is right ans

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Vinay Sipani   (10 years ago)

Let CP = y
If SP = 836,Profit = (SP - CP) => x = 836 - y ----------------(1)

If SP = 703,Loss = CP - SP = x - x/4 = 3x/4
=> 3x/4 = y - 703 --------------(2)

From (1) & (2)
=> CP = 760

profit % = 20
=> 20 = (SP - CP)/CP
=> 20/100 = (SP - 760)/760
=> SP = 912

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Abhishek kumar  (10 years ago)

CP=x
if SP=836(in case of profit)then profit earn =836-x
if sp=703(in case of loss)then loss = x-703
from the Qn loss is 25% less that profit earned,
so,
Profit - 25%of profit = loss
(836-x) - (836-x)25% =x-703
(836-x)(1-25%)= x-703

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Abhishek kumar  (10 years ago)

CP=x
if SP=836(in case of profit)then profit earn =836-x
if sp=703(in case of loss)then loss = x-703
from the Qn loss is 25% less that profit earned,
so,
Profit - 25%of profit = loss
(836-x) - (836-x)25% =x-703
(836-x)(1-25%)= x-703

Is this solution Helpfull? Yes | No   

Abhishek kumar  (10 years ago)

CP=x
if SP=836(in case of profit)then profit earn =836-x
if sp=703(in case of loss)then loss = x-703
from the Qn loss is 25% less that profit earned,
so,
loss = Profit - 25%of profit
x-703 = (836-x) - (836-x)25%
x-703 = (836-x)(1-25%)
x-703 = (836-x)(.75)
after simplifying abve equation
x=cp=760
then SP for earnig 20% profit is
sp=(120/100)760
sp=912

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