Profit and Loss Practice Test 6

Question : 13 of 40

Marks: +1, -0

A person sold a table at a gain of 15%. Had he bought it for 25% less and sold it for Rs 60 less, he would have made a profit of 32%.The cost price of the table was:

Rs 300
Rs 350
Rs 375
Rs 400

Validate

Solution:

\table \CP ,\Profit ,\SP;x,15%,x+15/100x=23/20x;x-25/100x=3/4x,32%,23/20x-60

Cost price of the table = x
Profit %

={SP-CP}/{CP}×100

32={23/20x-60-3/4x}/{3/4x}×100

{23x-1200-15x}/20×100×4/{3x}=32

(8x-1200)20=96x

x = Rs 300
Cost price = Rs 300

Go to Question:

Prev Question

Next Question