Question
Aman bought two guitars, ‘P’ and ‘Q’, with cost prices in the ratio 7:9, and sold them at a loss of 10% and a profit of 30%, respectively. If the total profit earned was Rs. 56, then find the price at which he sold guitar ‘Q’.
Solve for 'y' = 2y = 56 ⇒ y = 28 Therefore, selling price of guitar ‘Q’ = 11.7 × 28 = Rs.327.6More Profit and loss Questions
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