Latest Syntel Aptitude Question SOLUTION: A shopkeeper sells a DVD player for Rs. 2880 and he makes the same percentage of profit as the loss percentage on selling price he makes if he sells at Rs.1920. What is the price a

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A shopkeeper sells a DVD player for Rs. 2880 and he makes the same percentage of profit as the loss percentage on selling price he makes if he sells at Rs.1920. What is the price at which the shopkeeper should sell this DVD player if he wants to make 30% profit?

a)Rs.3000 b)Rs.3120 c)Rs.3240 d) Rs. 3240

Asked In Syntel (12 years ago)

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ishita mehta  (12 years ago)

Let the cost of price of DVD player be D
Profit percentage when he sells at Rs.2880 = Loss percentage when he sells at 1920
i.e., (2880-D) / D x 100 = (D - 1920) / D x 100
2880 -D = D – 1920
2880 + 1920 = D + D
4800 = 2 D
D = Rs. 2400

Cost price = Rs. 2400. He wants to make 30% profit. (In the absence of special mention profit is always calculated on cost price.)
The desired profit amount = 30% of Rs.2400 = (2400 x 30) / 100 = 720.
Hence, The selling price = CP + Desired Profit = 2400 + 720 = Rs. 3120.

Is this solution Helpfull? Yes (6) | No   

ishita mehta  (12 years ago)

Let the cost of price of DVD player be D
Profit percentage when he sells at Rs.2880 = Loss percentage when he sells at 1920
i.e., (2880-D) / D x 100 = (D - 1920) / D x 100
2880 -D = D – 1920
2880 + 1920 = D + D
4800 = 2 D
D = Rs. 2400

Cost price = Rs. 2400. He wants to make 30% profit. (In the absence of special mention profit is always calculated on cost price.)
The desired profit amount = 30% of Rs.2400 = (2400 x 30) / 100 = 720.
Hence, The selling price = CP + Desired Profit = 2400 + 720 = Rs. 3120.

Is this solution Helpfull? Yes (1) | No   

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