Question
A purchased an article for Rs 1300. She sold the article
at 15% profit. She then added Rs 300 to the amount received and purchased a purse such that the seller of purse gained 25%. Find the cost price of purse for the seller.Solution
Amount received by A after selling the article = 1.15 × 1300 = Rs. 1495 Therefore, selling price of the purse for the seller = 1495 + 300 = Rs. 1795 Let the cost price of the purse for the seller be Rs. x According to the question, 1.25x = 1795 Or, x = 1795/1.25 = 1436 Therefore, cost price of the purse for the seller = Rs. 1436
More Profit and loss Questions
- A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____