Profit and loss

Quantitative Aptitude (RBI Grade B)

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A calculate his profit %ge on the selling price whereas B calculate his on the cost price. They find that the difference of their profit is Rs 150. If the selling price of both of them are same and both of them get 20% profit, find their selling price (in rupees).

2500

3000

3200

4500

Explanation:

Solution:
Let SP is x
A’s profit =x*20/120=x/6 [A calculate his profit %ge on the selling price, so at 20% profit, selling price = 100+20] B’s profit =x*20/100=x/5
Diff is x/6-x/5=150
x/30=150==>x=4500

By: Pranav Gupta

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