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      Question

      A dryer costs 30 times the cost of a toaster. On the

      dryer there is a profit of 10% while the total profit on selling the toaster and the dryer is 14%. If there is a profit of Rs. 4020 on selling the toaster then find the cost price of the dryer.
      A Rs. 90,000 Correct Answer Incorrect Answer
      B Rs. 85,000 Correct Answer Incorrect Answer
      C Rs. 80,000 Correct Answer Incorrect Answer
      D Rs. 86,000 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the CP of a toaster be Rs. x CP of the dryer = 30x Total SP = (x + 30x) Γ— 114/100 = 35.34x SP of the dryer = 30x Γ— 110/100 = 33x SP of the toaster = 35.34x – 33xΒ  = 2.34x So, profit on the toaster = 2.34x – x = 1.34x According to the question, 1.34x = 4020 x = 3000 So, the cost of the dryer = 30 Γ— 3000 = Rs. 90,000

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