SSC
Government Jobs Exams
Numerical Ability
Profit and Loss
Half of 100 articles were sold at a profit of 20% and the rest at a profit of 40%. If all the articles had been sold at a profit of 25%, the total profit would have been Rs. 100 less than earlier profit. The cost price of each article was
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- Price be X
50 % articles sold at 20% profit = 60X and Remaining at 70% profit = 70x
total profit = 130x
If sold at 25% profit = 125x
125x = 130x-100
130x-125x = 100
5x = 100
x= 20
Cost Price of the article = 20 - 7 years agoHelpfull: Yes(0) No(0)
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