Profit and Loss Practice Test 5

Question : 2 of 40

Marks: +1, -0

A man purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15% then he would have got Rs. 40 less. What is the cost price of each clock?

Rs. 90
Rs. 80
Rs. 60
Rs. 50

Validate

Solution:

Let C.P. of each clock = Rs. x; then C.P. of 90 clocks = Rs. 90x
In Ist condition,
S.P. of 90 clocks

= 40 ×110/100x+50× 120/100 × x

= Rs. 104x
In IInd case,
S.P. of 90 clocks

=115/100 × 90x

= Rs.

207/2x

Since,

104x - 207/2x

= Rs. 40

⇒ x/2 = 40 ⇒ x = \Rs. 80

Go to Question:

Prev Question

Next Question