NIFT UG 2020 Question Paper with solutions

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Question : 9 of 150

Marks: +1, -0

A profit of

12 \%

is made when a mobile phone is sold at

₹ P

and there is

4 \%

loss when the phone is sold at

₹ Q

. Then

Q : P

is

$4: 5$
$3: 1$
$1: 1$
$6: 7$

Solution:

Let the CP of mobile phone

=₹ x

When the phone is sold at ₹

P

then

{SP}=112 \%

of

x=₹ 1.12 x

When the phone is sold at

₹ Q

,
Then,

{SP}=96 \%

of

x=₹ 0.96 x

∴ Q: P=\;{0.96 x}/{1.12 x}=6: 7

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