L&T Company Numerical Ability Profit and Loss

The profit earned by selling an article for Rs. 940 is equal to the loss incurred when the same article is sold for Rs. 420. What should be the sale price for making 40% profit? 1] Rs. 946 2] Rs. 952 3] Rs. 1020 4] Rs. 1042

Read Solution (Total 3)

Option: 2

Let C.P. = Rs. C.
Then, 940 - C = C - 420
2C = 1360 => C = 680
Required S.P. = 140% of Rs. 680 = 140/100 x 680 = Rs. 952
5 years agoHelpfull: Yes(6) No(0)

b)952

C+P=940
C-P=420
Solving both we get C=680.Rs.
S= 1.4 x 680 = 952
4 years agoHelpfull: Yes(2) No(0)
940-420=520
520/2=260
520+260=780
780+.4*780=952
5 years agoHelpfull: Yes(1) No(0)

L&T Other Question

The least number which should be added to 3642 so that the sum is exactly divisible by 3, 4, 6, and 7 is: 1]30 2]42 3]54 4]60 An article listed at Rs 3600 is sold to a retailer at a successive discount of 30% and 20%. The retailer desires a profit of 25%, after allowing a discount of 10% to the customer. At what price should he list an article (in Rs.)? (A) 2680 (B) 2700 (C) 2800 (D) 2760