Multiple Choice Questions on The shopkeeper sold the Battery at a loss of 20 If he bought the battery for Rs 900 more and sold it........... for IBPS RRB - Officers Exam Preparation

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Multiple Choice Questions

The shopkeeper sold the Battery at a loss of 20 If he bought the battery for Rs 900 more and sold it...........

Quantitative Aptitude(IBPS RRB PO) Profit and loss
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    The shopkeeper sold the Battery at a loss of 20%. If he bought the battery for Rs.900 more and sold it for Rs.1800 more, then he gets a profit of 25%. Find the initial cost price of the battery?

    Rs.1400

    Incorrect Answer

    Rs.1000

    Incorrect Answer

    Rs.1600

    Incorrect Answer

    Rs.1800

    Incorrect Answer

    Rs.1500

    Correct Answer
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    Explanation:

    Initial CP = 5x
    Initial SP = 5x * 80/100 = 4x
    (4x + 1800) = 125/100 * (5x + 900)
    16x + 7200 = 25x + 4500
    x = 300
    CP of the battery = 300 * 5 = 1500

    By: Munesh Kumari
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