Subject

    Quantitative Aptitude

    Topic

    Profit & Loss

    Sakshi sells a watch at a gain of 15%. If she had bought it at 10% less and sold it for Rs. 3.5 less, she would have gained 20%. Find the cost price of the article?

    ক)
    Rs. 50
    খ)
    Rs. 60
    গ)
    Rs. 100
    ঘ)
    Rs. 70
    ঙ)
    None of these

    Explanation

    Let the C.P of the watch be x Actual S.P of the watch = 1.15x If she had bought it at 10% less Then C.P would be 0.9x Sold it for Rs. 3.5 less, she would have gained 20%. Second S.P = 120% of 0.9x = 1.08x Difference of two selling prices = 1.15x – 1.08x = 3.5 0.07x = 3.5 ⇒ x = 50 Hence, the C.P of the article is Rs. 50

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