Syntel Company Numerical Ability Profit and Loss

A shopkeeper sells a DVD player for Rs. 2880 and he makes the same percentage of profit as the loss percentage on selling price he makes if he sells at Rs.1920. What is the price at which the shopkeeper should sell this DVD player if he wants to make 30% profit?

a)Rs.3000 b)Rs.3120 c)Rs.3240 d) Rs. 3240

Read Solution (Total 2)

Let the cost of price of DVD player be D
Profit percentage when he sells at Rs.2880 = Loss percentage when he sells at 1920
i.e., (2880-D) / D x 100 = (D - 1920) / D x 100
2880 -D = D – 1920
2880 + 1920 = D + D
4800 = 2 D
D = Rs. 2400

Cost price = Rs. 2400. He wants to make 30% profit. (In the absence of special mention profit is always calculated on cost price.)
The desired profit amount = 30% of Rs.2400 = (2400 x 30) / 100 = 720.
Hence, The selling price = CP + Desired Profit = 2400 + 720 = Rs. 3120.
13 years agoHelpfull: Yes(6) No(0)

Let the cost of price of DVD player be D
Profit percentage when he sells at Rs.2880 = Loss percentage when he sells at 1920
i.e., (2880-D) / D x 100 = (D - 1920) / D x 100
2880 -D = D – 1920
2880 + 1920 = D + D
4800 = 2 D
D = Rs. 2400

Cost price = Rs. 2400. He wants to make 30% profit. (In the absence of special mention profit is always calculated on cost price.)
The desired profit amount = 30% of Rs.2400 = (2400 x 30) / 100 = 720.
Hence, The selling price = CP + Desired Profit = 2400 + 720 = Rs. 3120.
13 years agoHelpfull: Yes(1) No(0)

Syntel Other Question

A shopkeeper marks his goods 30% above the cost price and then allows 15% discount on it. What is the cost price of an article on which he gains Rs.840?

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