Latest Bank Exam Aptitude Question SOLUTION: if 5% more is gained by selling an article for rs. 350 then by selling it for rs. 340 the cost of article is.

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(#M40036500) BANK EXAM Numerical Ability question profit and los Keep an EYE

if 5% more is gained by selling an article for rs. 350 then by selling it for rs. 340 the cost of article is.

Asked In Bank Exam suprava samal (10 years ago)

Solved Ann Theressa Read Solution (7)

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Read Solution (7) :

Ann Theressa  (10 years ago) Best Solution

Rs 200

Let the cost of article be x

when SP = 350
P% = (350-x)/x*100

when SP = 340
P% = (340-x)/x*100

5% more is gained by selling article for rs. 350 than for 340

(350-x)/x - (340-x)/x = 5/100
10/x = 5/100
x = 200

Is this solution Helpfull? Yes (21) | No (2)  

Aashish  (7 years ago)

I m telling you a shortcut trick for this type of problems
sp = 350
actual sp = 340
diffrence = 10

we can say that
5% = 10
1%=2
100% = 200 (Answer)

have a nice day ..

Is this solution Helpfull? Yes (15) | No   

Purushothaman  (10 years ago)

Let Cost price of the article = Rs X
When SP is Rs 340, then gain %={(340−X)/X}×100
When SP is Rs 350, then gain %={(350−X)/X}×100
Hence Additional % gain {(350−X)/X}− {(340−X)/X}×100
Hence {(350−X)/X}×100− {(340−X)/X}×100 = 5
→35000−100− 34000+ 100X) = 5X
or 5X = 1000
or X = Rs 200
Alternately

5% more is gained by selling an article for Rs 350 than by selling it for Rs 340
Additional Gain = 350−340 = Rs 10
i.e Rs 10 = 5 % of the cost of the article
Hence Cost of article = 10×100/5 = Rs200

Is this solution Helpfull? Yes (7) | No (2)  

Abhishek Kumar  (6 years ago)

350-340=10

5%=10
100%=x
by cross multiplication
100%=200

Is this solution Helpfull? Yes (3) | No   

sujithra.M  (9 years ago)

ans 200
when SP = 350
P% = (350-x)/x*100

when SP = 340
P% = (340-x)/x*100

5% more is gained by selling article for rs. 350 than for 340

(350-x)/x - (340-x)/x = 5/100
10/x = 5/100
x = 200
Read more at http://www.m4maths.com/36500-if-5-more-is-gained-by-selling-an-article-for-rs-350-then-by-selling-it-for-rs-340-the.html#puUfAvate8aIOviK.99

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ashraf ali D  (10 years ago)

for 350 rupees 5% is profit=>350->5%
then for 340 rupees x% bee profit=>340->x%
therefore=> x=(340*5)/350
x=4.857

Is this solution Helpfull? Yes (1) | No (8)  

Aravindh sc  (8 years ago)

Ahsraf Ali u are absolutely wrong (Been)

Is this solution Helpfull? Yes (1) | No   

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