CTS Company Numerical Ability Profit and Loss

The profit earned after selling an article for Rs. 878 is the same as loss incurred after selling the article for Rs. 636. What is the cost price of the article?
A) Rs. 797
B) Rs. 787
C) Rs. 767
D) Rs. 757
E) None of these

Read Solution (Total 4)

let assume Cost price = x rupees
profit = s.p - c.p
According to the question,
878 - x = x - 636
==> 2x = 878 + 636 = 1514
x = 1514/2 = Rs. 757
8 years agoHelpfull: Yes(6) No(0)

Let x be the cost price
878-x = x-636
2x= 878+636
2x= 1514
x=1514/2
So x= 757
6 years agoHelpfull: Yes(1) No(0)
COST PRICE= (PROFIT EARNED BY SELLING PRICE)+(LOSS INCURRED AFTER SELLING)/2 , HENCE ANS. IS 757
5 years agoHelpfull: Yes(0) No(0)
the ans for this question is 757.
4 years agoHelpfull: Yes(0) No(0)

CTS Other Question

A man sells TV sets at profit of 20%. How much total amount he gains in profit?
I. He sells 20 TV set.
II. He sells each TV set at Rs 12000.

Options
(1) If the question can be answered by using statement I alone but cannot be answered by statement II alone.
(2) If the question can be answered by using statement II alone but cannot be answered by statement I alone.
(3) If both statements I and II together are required to answer the question.
(4) If the answer can be found by using any of the two statements alone.
(5) If both the statements together are not sufficient to answer the question. The average of the ages of Sumit, Krishna and Rishabh is 43 years and the average of the ages of Sumit, Rishabh and Rohit is 49 years. If Rohit is 54 years old, what is Krishna'a age?
A) 45 years
B) 24 years
C) 36 years
D) Cannot be determined
E) None of these