Syntel Company Numerical Ability Profit and Loss

The cost of an article including the sales tax is Rs 616.The rate of sales tax is 10%,if the shopkeeper has made a profit of 12%,then the cost price of the article is?

a.Rs 200
b.Rs 500
c.Rs 400
d.Rs 600

Read Solution (Total 2)

cost price=x;
(x+0.12x)+1.12x*0.1=616
=> x=500
10 years agoHelpfull: Yes(0) No(4)

110% of S.P. = Rs. 616

S.P. = (616 x 100)/110 = Rs. 560

C.P = (110 x 560)/112 = Rs. 500
6 years agoHelpfull: Yes(0) No(0)

Syntel Other Question

Two third of consignment was sold at a profit of 5% and the remainder at a loss of 2%.If the total was Rs 400,the value of the consignment was?

a.Rs 56000
b.Rs 65000
c.Rs 56000
d.Rs 15000 A man buys a cycle for Rs.1400 and sells it at a loss of 15%. What is the selling price of the cycle?
A. Rs. 1090 B. Rs. 1160
C. Rs. 1190 D. Rs. 1202