Question
Ravi sold two items for Rs. 8,400 each. He gained 20% on
one item and incurred a loss of 20% on the other. What is the difference in their cost prices?Solution
ATQ,
Cost price of the item sold at 20% gain = 8400 ÷ 1.2 = Rs. 7,000
Cost price of the item sold at 20% loss = 8400 ÷ 0.8 = Rs. 10,500
So, required difference = 10500 - 7000 = Rs. 3,500
More Profit and loss Questions
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125% of 129 ÷ 43 × 28 ÷ 7 = ? ÷ √16
What will come in the place of question mark (?) in the given expression?
(24 2 – 16 2 ) + 75% of 40% of 480 = ?
√ 225 x 24 - √ 144 x 18 = ?
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