ssccglapex

Find the selling price of goods if two salesmen claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being 100 rupees and selling price being the same in both the cases.

A. Rs 2500 B. Rs 3000 C. Rs 2000 D. Rs 1500 Answer: Option C
Show Answer

Solution(By Apex Team)

Let cp = y and sp = x………….(1) case 1 (profit on cp): profit = sp – cp 0.25y = x – y sp = x = 1.25y……..(2) profit = sp – cp = 1.25y – y = y/4 As we know selling price being the same in both the cases so from (1) and (2). x = 1.25y ⇒ y= 0.8 x………(3) case 2 (profit on sp): profit = sp – cp cp = sp – profit x – 0.25x = y cp = y = 0.75 x profit= sp – cp = x – 0.75x = x/4 now x/4 – y/4 = 100(as given in the question) put value of y from (3) 0.25x – 0.8x/4 =100 0.25 x – 0.2 x = 100 x = 2000 Hence the selling price of goods if two salesmen claim to make 25% profit each is Rs 2000.

Related Questions on Profit and Loss


A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
Show Answer

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
Show Answer

A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
Show Answer

A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Show Answer



More Related Questions on Profit and Loss

Leave a Reply