Wipro
Company
Numerical Ability
Profit and Loss
Mr. X sold an article at 10% loss. Had he bought it for 20% less and sold it for $77 more he would have gained 30%. Find its Cost Price?
A. $500
B. $650
C. $550
D. $600
E. None of these
Read Solution (Total 4)
-
- Let CP is x
Sp1=(100-10/100)*x=9x/10
Sp2 at 20% loss=(100-20/100)*x
=80x/100=4x/5
Sp2 at gain 30%=(100+30/100)*4x/5
=26x/25
26x/25-9x/10=77
x=550 - 9 years agoHelpfull: Yes(1) No(1)
- cp1 = 100%
sp1 = 90%(at 10% loss)
cp2 = 80%
sp2 = 104% (130% of 80)
(104-90)% = 77
14% = 77
then 100% = (77*100)/14 = 550 - 6 years agoHelpfull: Yes(1) No(0)
- None of these.
- 10 years agoHelpfull: Yes(0) No(1)
- let y=cost of article
y=100%
p=80%
77/p=30%
p=77/30%
p=256.67
80% => 256.67
100% => 256.67/80*100
Therefore, y=320.83
cost= Rs 320.83
- 10 years agoHelpfull: Yes(0) No(1)
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