Tech Mahindra
Company
Numerical Ability
Profit and Loss
An article when sold at a gain of 10% yields Rs. 360 more than when sold at a loss of 8%. The cost price of the article is:
1) 2400 2) 1800 3) 2000 4) 3600
Read Solution (Total 5)
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- Option 3
1.1x-0.92x=360
0.18x=360
X=2000 - 4 years agoHelpfull: Yes(4) No(0)
- Answer 3 option
- 5 years agoHelpfull: Yes(0) No(2)
- profit%=(profit*100)/cost price
c.p= (pro*100)/pro%
c.p=(360*100)/10
360
option 4 - 5 years agoHelpfull: Yes(0) No(1)
- Given that,he sold at a gain of 10%..........so he sold the article at 110% of original cost price----(1)
so that he got 360 rupees less when he sold the same article at a loss of 8%.-----(2)
loss of 8% means he sold article at 92% of cost price...------(3)
from above three we can write
110% of c.p = 92% of c.p+360
by solving we got "c.p=2000" - 4 years agoHelpfull: Yes(0) No(0)
- in both profit and loss total percent is 8+10=18
that value of 18 is 360
so, 1Unit= 360/18=2
cost price = 100Unit *20= 2,000
option c ) Rs 2,000 - 1 year agoHelpfull: Yes(0) No(0)
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