InterviewSolution
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Quantity B: A man bought a TV with 5% discount on marked price of Rs. 60000. He again sold it to his friend with 2% profit on marked price of TV. What profit he had from whole transaction?1). Quantity A > Quantity B2). Quantity A < Quantity B3). Quantity A ≥ Quantity B4). Quantity A ≤ Quantity B |
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Answer» Quantity A: Let the cost price of 10% loss ITEM be Rs.a and cost price of 15% gain item be Rs.b. Selling price of both items = Rs. 450 Loss % = 10% a = (450/0.9) × 100 a = 500 Cost price of item is Rs. 500 which is sold at 10% loss. Gain = 20% b = (450/1.2) × 100 b = 375 Cost price of second item is Rs. 375 which is sold at 20% gain. Total cost price of both items = 500 + 375 = 875 Total selling price including both items = 900 Total profit = 900 – 875 = 25 Quantity B: MARKED price of TV = Rs. 60000 Price of TV after 5% discount = = 60000 – 60000 × 5/100 = 60000 – 3000 = 57000 He sold TV at 2% profit. 2 = [(SP – 60000)/60000] × 100 600 × 2 = SP – 60000 1200 = SP – 60000 SP = 61200 He sold TV at Rs.61200 and he buy TV at Rs. 57000 Total profit amount = 61200 – 57000 = .4200 He got profit of Rs. 4200. From above solution, Relation between Quantity A < Quantity B is established. |
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