New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A sold a toy to B at a profit of 15%. Later on, B sold

    it back to A at a profit of 20%, thereby gaining Rs. 552. How much did A pay for the toy originally?
    A Rs. 2400 Correct Answer Incorrect Answer
    B Rs. 2560 Correct Answer Incorrect Answer
    C Rs. 2760 Correct Answer Incorrect Answer
    D Rs. 2800 Correct Answer Incorrect Answer

    Solution

    Let the CP of A =100 SP of A at the profit of 15%=115. The SP of A is the CP of B. CP of B =115 SP of B at the profit of 20% =115×120 /100 =138 Profit of B =138-115=23. ATQ- 23 =552 1 =24. 100 =2400. CP of A =2400.

    Practice Next

    Relevant for Exams: