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)
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- 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 - 6 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 - 5 years agoHelpfull: Yes(2) No(0)
- 940-420=520
520/2=260
520+260=780
780+.4*780=952 - 6 years agoHelpfull: Yes(1) No(0)
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