CTS
Company
Numerical Ability
Profit and Loss
A person sells one house for Rs 75 lakhs, making profits of 25%. He sells another house at a loss of 20%, and on the whole he makes neither profit nor loss. What is the cost of the second house?
1) 50 lakhs
2) 60 lakhs
3) 75 lakhs
4) 90 lakhs
5) None of these
Read Solution (Total 1)
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- 3) 75 lakhs
As there is no loos or no profit in the transaction of of both the houses, so profit earned from first house is mitigated as loss in second house.
Cost Price of first house=75*100/125=60 lakhs, so profit in the first house=75 -60=15 lakhs
As profit of 15 lakhs of first house=20% loss in the second house, so if Cost price of second house=x, then x*20/100=15, x=75 lakhs - 8 years agoHelpfull: Yes(8) No(12)
CTS Other Question
The ages of Anshu, Bharti and Charita together are 57 years. Bharti is thrice as old as Anshu and Charita is 12 years older than Anshu. Then, the respective age of Anshu, Bharti and Charita is:
1) 8, 26, 23 (years)
2) 9, 27, 21 (years)
3) 8, 25, 24 (years)
4) 9, 26, 22 (years)
5) 9, 28, 20 (years)
If the marked price of 30 articles is equal to selling price of 40 articles, then find the % discount?
(a)25%
(b)33.33%
(c)75%
(d) 20%
(e)None of these