Multiple Choice Questions on Raman calculates his profit on the selling price whereas Rajeev calculates his on the cost price The........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    Raman calculates his profit % on the selling price whereas Rajeev calculates his on the cost price. They find that the difference of their profits Rs.150. If the selling price of both the m are the same and both of them get 50% profit. Find their selling price.

    Rs. 620

    Incorrect Answer

    Rs. 900

    Correct Answer

    Rs. 870

    Incorrect Answer

    Rs. 750

    Incorrect Answer
    Explanation:

    Solution:
    selling price = [Diff. * 100 * (100 + 50)]/(50)2
    =  [150 * 100 * 150 ]/ 2500 = 900


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