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      Question

      Anjali sold a gadget at a profit

      of 30%, while Rahul sold the same gadget at a profit of 28%. If Anjali earned Rs. 50 more than Rahul, find the cost price of the gadget.
      A Rs.1,200 Correct Answer Incorrect Answer
      B Rs.5,000 Correct Answer Incorrect Answer
      C Rs.2,500 Correct Answer Incorrect Answer
      D Rs.2,200 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of the gadget be Rs. 'y.' Selling price of the gadget for Anjali = Rs. '1.30y.' Selling price of the gadget for Rahul = Rs. '1.28y.' According to the question: 1.30y−1.28y=50 0.02y=50 So, y=2500 Therefore, the cost price of the gadget is Rs. 2,500.

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