📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      A shopkeeper purchased three items 'X', 'Y', and 'Z' at

      the same price. He sold item 'X' at a 10% profit, item 'Y' at a 15% loss, and item 'Z' at a 30% profit. If he earns an overall profit of Rs. 570, then find the selling price of item 'Y'.
      A Rs.1938 Correct Answer Incorrect Answer
      B Rs.1615 Correct Answer Incorrect Answer
      C Rs.2515 Correct Answer Incorrect Answer
      D Rs.3615 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Let the cost price of each item be Rs. '100z'. So, the total cost price of 'X', 'Y' and 'Z' together = 3 X 100z = Rs. '300z' ATQ, (0.10 - 0.15 + 0.30) X 100z = 570 Or, 'z' = (570/25) = 22.8 Therefore, the selling price of 'Y' = 0.85 X 100z = 85 X 22.8 = Rs. 1938

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question