Question
A man purchased two items together for a total of Rs. 480. He sold one item at a profit of 30% and the other at a loss of 20%. In the end, he achieved an overall profit of 15% on the entire transaction. What is the selling price of the item that was sold at a 30% profit?
-Prelims/1734944346-sbi-clerk-pre-mt-13-quant-solimage.png)
So, let the cost price of the items be Rs.7x and Rs.3x Or, (7x + 3x) = 480 So, 10x = 480 So, 'x' = 48 Therefore, required selling price = Rs. 48 X 7 X 1.3 = Rs. 436.8More Profit and loss Questions
- A shopkeeper bought an article and marked it at Rs. 650. By selling the article at a discount of 4%, he earns a profit of 20%. Find the cost price of the a...
- Cost price of an article is 25% less than its marked price of article. The item is then sold for Rs. 5,950, achieving a profit margin of (40/3)%. Calculate...
- 'A' sold an article whose cost price is Rs. 'Y', at a profit of 25% to 'B'. 'B' marked the price of the article 25% above the price at which he bought it f...
- Amit sold an electric-iron for ₹ 2,656 after giving a discount of 17% on the marked price. Had he not given the discount, he would have earned a profit of ...
- A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this artic...
- Selling price of article ‘A’ when sold at a profit of 50% is Rs. 180 more than its selling price when sold at a loss of 40%. If the cost price of article ‘...
- Two Friends sell an article for Rs. 960, each earning a 25% profit. However, one friend calculates his profit based on the cost price, while the other calc...
- A Company allow 8% commission on the total sales to its salesman but if the salesman is appointed on a fix salary of Rs. 5000 and 6% commission on the sale...
- Akash bought a sofa for Rs. 12500. After one year he sold it to Deepak at 12% less of his cost price. Deepak spends extra Rs. 500 for its repair. And offer...
- An item smartphone is marked 25% above its cost price and sold for Rs. 1,500 after allowing two successive discounts of 20% and 25%, respectively. Find the...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)