Bank Exam
Government Jobs Exams
Category
A man sells an article at a gain of 20%. If he had bought it at 20% less and sold it for Rs.264 less, he would have still gained 20%. The cost price of the article is:
(1) Rs.2400
(2) Rs.1100
(3) Rs.2640
(4) Rs.2635
(5) None of these
Read Solution (Total 3)
-
- ANSWER==> (2)1100
let CP=x hence SP=1.2x
If he had bought 20% less then CP= 0.8x and SP=(1.2x-264)
[(1.2x-264)-0.8x]/0.8x = 20/100
x= 1100 - 10 years agoHelpfull: Yes(4) No(0)
- let cp be x
120x/100-80x/100-264=(80x/100)*(20/100) - 10 years agoHelpfull: Yes(1) No(0)
- = ( 264*100*100)/((120*100) - (80*120) = 1100
- 9 years agoHelpfull: Yes(0) No(0)
Bank Exam Other Question