Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2512:30 AM EDT
-01:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
16 May 2021, 22:33
Kudos
Bookmarks
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
57% (02:32) correct
43%
(02:36)
wrong
based on 266
sessions
History
Date
Time
Result
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
Kudos
Bookmarks
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
Kudos
Bookmarks
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
