๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!


    Question

    Two articles P and Q were sold at 20% profit and 25%

    loss respectively. If the cost price of Q is Rs. 180 and the net profit on the deal is Rs. 6, find the cost price of P.
    A Rs.255 Correct Answer Incorrect Answer
    B Rs.300 Correct Answer Incorrect Answer
    C Rs.660 Correct Answer Incorrect Answer
    D Rs.385 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of P be Rs. x. ATQ; (x ร— 1.20) + (180 ร— 0.75) = x + 180 + 6 Or, 1.20x + 135 = x + 186 Or, 0.20x = 51 So, x = 255 Therefore, the cost price of P is Rs. 255.

    Practice Next
    More Profit and loss Questions
    ask-question