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      Question

      Kunal bought two gadgets for Rs. 8,400. He sold one at a

      profit of 40% and the other at a loss of 15%. If his overall profit is 12.5%, find the cost price of the gadget sold at 15% loss.
      A Rs.1600 Correct Answer Incorrect Answer
      B Rs.2000 Correct Answer Incorrect Answer
      C Rs.4200 Correct Answer Incorrect Answer
      D Rs.1240 Correct Answer Incorrect Answer

      Solution

      ATQ, Let cost price of the gadget sold at a profit of 40% = Rs. x Cost price of the gadget sold at a loss of 15% = Rs. (8400 тИТ x) ATQ, (1.40 ├Ч x) + {0.85 ├Ч (8400 тИТ x)} = 1.125 ├Ч 8400 Or, 1.40x + 7140 тИТ 0.85x = 9450 Or, 0.55x = 2310 So, x = 4200 Therefore, cost price of the gadget sold at a loss of 15% = 8400 тИТ 4200 = Rs. 4,200

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