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    Question

    Mohan sold two items at Rs. 9,100 each. On the first

    item, he made a profit of 30%, while on the second, he incurred a loss of 30%. Calculate the difference in the cost prices of the two items.
    A Rs. 4,000 Correct Answer Incorrect Answer
    B Rs. 6,000 Correct Answer Incorrect Answer
    C Rs. 5,000 Correct Answer Incorrect Answer
    D Rs. 8,000 Correct Answer Incorrect Answer

    Solution

    Cost price of the article sold at 30% profit = 9100 ÷ 1.3 = Rs. 7,000 And cost price of the article sold at 30% loss = 9100 ÷ 0.7 = Rs. 13,000 So, required difference = 13000 - 7000 = Rs. 6,000 Hence, option b.

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