Subject
Quantitative Aptitude
Topic
Profit & Loss
The price of a precious diamond increases by 10% every year. Sasha bought this diamond and sold it to Harry after 2 years at Rs. 500 more than the market price. At what price did Sasha buy the diamond (in Rs.)?
The price of a precious diamond increases by 10% every year. Sasha bought this diamond and sold it to Harry after 2 years at Rs. 500 more than the market price. At what price did Sasha buy the diamond (in Rs.)?
ক)
1200খ)
1240গ)
1720ঘ)
1800ঙ)
Cannot be determinedExplanation
Let Sasha bought diamond at a price of Rs. T. The price of diamond increases by 10% every year. After two years, market price of diamond = Rs. T × (1 + 10/100) × (1 + 10/100) = Rs. 1.21T Cost price for Harry = Selling price for Sasha = Rs. 1.21T + Rs. 500 = Rs. (1.21T + 500) We observe that with information, the value of T cannot be found.Related questions
By selling an article for TK 100 a man gains tk 15 . then his gain percentage is -Jagdeep bought a refrigerator with a 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator?In a certain store, the profit is 320% of the cost. If the cost increases by 25% but, the selling price remains constant, approximately what percentage of the selling price is the profit?A shopkeeper gives 25% discount on an article and makes a profit of 10%. If the cost price of the article is Rs 300 then what is the marked price?If the S.P of Rs.40 results in a 20% discount on the list price. What S.P would result in a 30% discount on list price?A and B started a business by Investing Rs. 35,000 and R. 20,000 respectively. B left the business after 5 months and C joined the business with the sum of Rs. 15,000. The profit earned at the end of the year is Rs. 84,125. Find the B's share in the profit.A discount of 25% on one article is the same as a discount of 50% on another article. The costs of the two article can be:A makes an article for TK.120 and sells it to B at a profit of 25% . B sells it to C who sells it for TK.198 making a profit of 10%. What profit percent did B make?