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16 May 2021, 22:33
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
75%
(hard)
Question Stats:
54% (02:20) correct
46%
(02:37)
wrong
based on 117
sessions
History
Date
Time
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Not Attempted Yet
A merchant buys two articles for Taka 1400. He sells one of them at a profit of 20% and the other at a loss of 8%. He makes no profit or loss in the end. What is the selling price of the article that he sold at a loss?
(A) 1000
(B) 1200
(C) 800
(D) 900
(E) none of these
Posted from my mobile device
(A) 1000
(B) 1200
(C) 800
(D) 900
(E) none of these
Posted from my mobile device
16 May 2021, 22:39
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Let, one article's price is x & the other (1400-x)
At a loss of 8%, SP of x= 23x/25
At a profit of 20% SP of (1400-x)= (1400-x)+(1400-x)/5
Now, \(\frac{23x}{25}+1400-x+\frac{1400-x}{5}=1400\)
Or, \(x=1000\)
So, \(\frac{23x}{25}=920\)
Answer is E
Posted from my mobile device
At a loss of 8%, SP of x= 23x/25
At a profit of 20% SP of (1400-x)= (1400-x)+(1400-x)/5
Now, \(\frac{23x}{25}+1400-x+\frac{1400-x}{5}=1400\)
Or, \(x=1000\)
So, \(\frac{23x}{25}=920\)
Answer is E
Posted from my mobile device
16 May 2021, 22:49
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Let the cp of loss article be x.Then cp of profit article is 1400-x.
Given total cp = total sp = 1400
(No loss no gain)
Sp of profit article = 1.2(1400-x)
(20% profit)
Sp of loss article = 0.92x
(8% loss)
Total sp = 1.2(1400-x) + 0.92x = 1400
On solving x = 1000;
And sp of loss article = 0.92x = 0.92*1000 = 920
Posted from my mobile device
Given total cp = total sp = 1400
(No loss no gain)
Sp of profit article = 1.2(1400-x)
(20% profit)
Sp of loss article = 0.92x
(8% loss)
Total sp = 1.2(1400-x) + 0.92x = 1400
On solving x = 1000;
And sp of loss article = 0.92x = 0.92*1000 = 920
Posted from my mobile device
