Wipro Company Numerical Ability Profit and Loss

A man sold 20 articles for $60 and gained 20%. How many articles should he sell for $90 to incur a loss 20%?
A. 45
B. 36
C. 40
D. 50
E. 48

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ans: option A
s.p=$60 and gain%=20
so cp=(100/120)*60=50
i.e., c.p of 20 articles=50 => 1 article=2.5
s.p=90 and loss%=20
cp=(100/80)*90=112.5
number of articles sold for $90 are=112.5/2.5 = 45
10 years agoHelpfull: Yes(2) No(0)

Wipro Other Question

A shopkeeper increases the price of an article by X% and then decreases it by X%. As a result the price of the article is reduced by $180. After one more such change the price is further reduced by $153 Find the original price of the article.
A. $1200
B. $1100
C. $1400
D. $1000
E. $1500 A man purchases every 11 articles for $10 and sells every 10 articles for $11. How many articles should he sell to gain $63?
A. 300
B. 550
C. 440
D. 220
E. None of these