Question

What is the profit%/loss% incurred by selling an article for Rs. 44,000?

Statement I: The difference between the cost price and the selling price is Rs. 17,000.

Statement II: The ratio between the selling price and the cost price of the article is 5 : 4 respectively.

Q: What is the profit%/loss% incurred by selling an article for Rs. 44,000? Statement I: The differ

From I: Since we don't know either CP is greater or SP is greater. So, we cannot determine the profit%. From II: CP of the article = 4/5 × 44000 = 35200 Profit = 44000 - 35200 = 8800 Profit% = 8800/35200 × 100 = 25%

A Either I or II

B Only II

C Only I

D None of the above

E Both I and II together

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Question

What is the profit%/loss% incurred by selling an article for Rs. 44,000?

Statement I: The difference between the cost price and the selling price is Rs. 17,000.

Statement II: The ratio between the selling price and the cost price of the article is 5 : 4 respectively.

Solution

Relevant for Exams:

I Pledged to:

Question

What is the profit%/loss% incurred by selling an article for Rs. 44,000? Statement I: The difference between the cost price and the selling price is Rs. 17,000. Statement II: The ratio between the selling price and the cost price of the article is 5 : 4 respectively.

Solution

Relevant for Exams:

I Pledged to:

What is the profit%/loss% incurred by selling an article for Rs. 44,000?

Statement I: The difference between the cost price and the selling price is Rs. 17,000.

Statement II: The ratio between the selling price and the cost price of the article is 5 : 4 respectively.