Latest IBM Aptitude Question SOLUTION: By selling a product a seller is gaining 10% on selling price. If he sell that product Rs.80 less, he would have been losing 10%. What is the cost price?

• Placement Papers
• /
• IBM
• /
• Numerical Ability
• /
• Profit and Loss

IBM Question Papers: IBM Interview Experience(49) IBM Company Profile

(#M40004305) IBM Numerical Ability question Profit & loss Keep an EYE

By selling a product a seller is gaining 10% on selling price. If he sell that product Rs.80 less, he would have been losing 10%. What is the cost price?

Asked In IBM (12 years ago)

Unsolved Read Solution (9)

Is this Puzzle helpful?   (17)   (9) Submit Your Solution Profit and Loss

Read Solution (9) :

Aditya sahu  (11 years ago)

Let cp = x
Sp = 1.1x
ATQ
1.1x – 80 = .9x
X= 400

Is this solution Helpfull? Yes (53) | No   

Dr.Dipin Singh  (12 years ago)

It is not clear whether in this statement
By selling a product a seller is gaining 10% on selling price. If he sell that product Rs.80 less, he would have been losing 10%.

The loss is on CP or SP.

As a normal convention, taking loss on CP, sol is given here

If 90 x is CP and 100 x is SP earlier , then now
0.9*90x = 100x-80
19 x =80
x= 80/19

CP = 90*80/19 = 7200/19 = Rs. 378.95

Is this solution Helpfull? Yes (3) | No (17)  

Rimu  (10 years ago)

ans is 360
let cp=x and s.p=y
1.1y-80=.9y
or y=400
x=(y-0.1y)=400-40=360 okey

Is this solution Helpfull? Yes (3) | No (2)  

sameer wadhwa  (9 years ago)

1.1*x-80=0.9*x
X=400
Cost price is x which is 400

Is this solution Helpfull? Yes (2) | No (1)  

UDAYALAKSHMI.R  (9 years ago)

Let c.p=x
S.P=110/100, so->1.1x
1.1x-80=(90/100), so->.9x
1.1x-80=.9x
x=400

Is this solution Helpfull? Yes (2) | No (1)  

DEBALINA CHAUDHURI  (7 years ago)

let CP be x
then SP =1.1x(considering 10% gain)

again,
SP =x-((10/100)*x) =0.9x (considering 10% loss)
now,
1.1x-0.9x=80
so , x= 400

Is this solution Helpfull? Yes (2) | No   

Chodisetti Srinivas  (9 years ago)

800
0.1X = 80
i.e X= 800

Is this solution Helpfull? Yes (1) | No   

ailala naresh  (9 years ago)

can you explain briefly ADITYA SAHU

Is this solution Helpfull? Yes | No (1)  

amit phougat  (7 years ago)

SP-CP=PROFIT
100-90=10
IF 90 IS 100% THEN 100 IS 111.1111111% AND NOT THE 110%
ATQ
1.111111X-80-X= (-) .10X
SO ANSWER WILL BE 378.95

Is this solution Helpfull? Yes | No (2)  

Please Login to Read Solution.