Syntel Company Numerical Ability Profit and Loss

The profit obtained by selling an article for Rs.56 is the same as the loss obtained by selling it for Rs.42. What is the cost price of the article?

1) Rs.40
2) Rs.50
3) Rs.49
4) None of these

Read Solution (Total 5)

Syntel Other Question

A company decided to reduce the price of its product by 20% . By what percentage the sales volume should increase , so that the total revenues of the company remains unchanged ? A dealer professes to sell his goods at cost price and uses an 880gm weight instead of a kg. What is his percentage of gain?

1) 13.13%
2) 13.33%
3) 13.36%
4) 13.63%