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    Question

    Two items are sold at Rs. 250 each. One is sold at 10%

    profit and the other at 20% loss. What is the approximate cost price difference between them?
    A Rs.102 Correct Answer Incorrect Answer
    B Rs.125 Correct Answer Incorrect Answer
    C Rs.143 Correct Answer Incorrect Answer
    D Rs.85 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let CP of profit article = x, loss article = y

    x = 250 / 1.1 = 227.27

    y = 250 / 0.8 = 312.5

    Required difference = 312.5 тАУ 227.27 = Rs. 85.23 or Rs.85

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