1.

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

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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