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      Question

      Two goods, R and S, are sold at 30% profit and 15% loss

      respectively. If the cost price of S is Rs. 240 and the overall profit is Rs. 24, find the cost price of R.
      A Rs.255 Correct Answer Incorrect Answer
      B Rs.300 Correct Answer Incorrect Answer
      C Rs.200 Correct Answer Incorrect Answer
      D Rs.385 Correct Answer Incorrect Answer

      Solution

      ATQ, Let the cost price of R be Rs. x. ATQ; (x × 1.30) + (240 × 0.85) = x + 240 + 24 Or, 1.30x + 204 = x + 264 Or, 0.30x = 60 So, x = 200 Therefore, the cost price of R is Rs. 200.

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