Question
An item was sold at a 22% loss. If the selling price had
been increased by Rs. 1,850, there would have been a 15% profit instead. Determine the original cost price of the item.Solution
Let cost price of the article = Rs. ‘100x’ ATQ, 1.15 × 100x – 0.78 × 100x = 1850 Or, 115x – 78x = 1850 Or, 37x = 1850 Or, x = (1850/37) = 50 So, cost price of the article = 100x = 100 × 50 = Rs. 5,000
More Profit and loss Questions
- Which letter and number cluster will replace the question mark (?) to complete the given series?
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57, 59, 56, 61, 54, ___ - Select the number that can replace the question mark (?) in the following series.
24, 28, 37, 53, 78, ? - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Select the letter-pair that can replace the question mark (?) in the following series?
FK, HM, LQ, RW, ZE, ? - 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?
RGV, UME, ?, AYW, DEF
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