Question
Sushil sold an item at 6% profit. Had he sold it for Rs.
5,760 less, he would have incurred a loss of 10%. Find the cost price of the item.Solution
Let, the cost price of the item be Rs. '100x'. Initial selling price of the item = 1.06 X 100x = Rs. '106x' ATQ, 106x - 5760 = 0.9 X 100x Or, 106x - 5760 = 90x Or, 16x = 5760 Or, x = (5760/16) = 360 So, the cost price of the item = 100x = 100 x 360 = Rs. 36,000
More Profit and loss Questions
- What will come in place of (?), in the given number series.
100, 95, 85, 70, ?, 25 51, 60, 78, ?, 141, 186
What will come in place of the question mark (?) in the following series?
7, 20, 59, 176, 527, 1580, ?
72, 97, 147, ?, 322, 447
What will come in place of the question mark (?) in the following series?
16, ?, 480, 1920, 5760, 115208 12 39 ? 180 216
...11 16 42 141 ? 2945 17700
...12, 36, 80, 164, 328, ?
150 15 3 ? 0.36 0.18
7, 9, 21, ?, 107, 197
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