Profit and Loss Practice Test 7

Question : 9 of 40

Marks: +1, -0

Grasin bought two tables. He sold one at profit of 20% and the other at loss of 20%. If he sold each table for Rs 12,000 then find the CP of both the tables?

Rs 25,000
Rs 25,500
Rs 26,000
Rs 24,000
Rs 24,500

Validate

Solution:

SP of each table = Rs 12,000
The CP of a table sold at 20% profit

=SP × 5/6

=12000×5/6=10000

The CP of a table sold at 20% loss

=SP ×5/4=12000×5/4

=15000

So, the CP of both the tables = Rs (10,000 + 15,000) = Rs 25,000

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