Profit and Loss Practice Test 5

Question : 4 of 40

Marks: +1, -0

A dealer sold a machine to a shopkeeper at 20% profit. The shopkeeper sold the machine to a customer so as to get 25% profit for himself. The difference between the selling price of the dealer and that of the shopkeeper was found to be Rs. 129. What is the initial price of the machine?

Rs. 410
Rs. 420
Rs. 430
Rs. 440

Validate

Solution:

Let the initial price = Rs. x; then C.P. for dealer

=120/100×x=6/5x

Again, C.P. for shopkeeper

=125/100×6/5x=3/2x

Now,

3/2x-6/5x=129

⇒3/10x=129⇒x=430

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