LIC AAO 04 May 2019 Paper

Question : 53 of 100

Marks: +1, -0

The total cost price of two products is Rs. 4400. First product is sold at 15% profit while the second product is sold at 18% loss. If neither profit nor loss occurs then what is the cost price of the first product?

Rs. 2400
Rs.2200
Rs. 3000
Rs.3400
Rs. 2800

Validate

Solution:

(1) C.P. of first product = Rs.

x

∴ C.P. of second product =

Rs. (4400 – x)

According to the question,

{x ×115}/ 100 +(4400 -x)×82/ 100= 4400

⇒

{115x} /100 -{82x}/ 100 +3608 =4400

⇒

{33 x}/100 = 4400 -3608 = 792

⇒

x= {792× 100} /33 = Rs. 2400

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