Latest self Aptitude Question SOLUTION: When an article is sold for Rs 703 loss incurred is 25% less than the profit earned on selling it at Rs 836. What is the selling price of the article when it earns a profit of 20%?

• Placement Papers
• /
• self

self Question Papers:

(#M40019720) SELF question Keep an EYE

When an article is sold for Rs 703 loss incurred is 25% less than the profit earned on selling it at Rs 836. What is the selling price of the article when it earns a profit of 20%?

jaymin (10 years ago)

Unsolved Read Solution (1)

Is this Puzzle helpful?   (11)   (0) Submit Your Solution

Read Solution (1) :

Mokshad Naik  (10 years ago)

Let the cost price of the article be x
Then,
In the first, case loss incurred= (x-703)
and in the second case profit= (836-x)
Now, According to the statement
loss is 25% less than the profit
=> (x-703)=75% of (836-x)
=>x-703=624-0.75x
=>1.75x=1327
=>x=758
Now the profit is 20%
hence SP will be
758+20%of758=909.6

Is this solution Helpfull? Yes (2) | No   

Please Login to Read Solution.