Multiple Choice Questions on A sold a toy to B at a profit of 15 Later on B sold it back to A at a profit of 20 thereby gaining R........... for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

A sold a toy to B at a profit of 15 Later on B sold it back to A at a profit of 20 thereby gaining R...........

Quantitative Aptitude (RRB NTPC) Profit and loss
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    A sold a toy to B at a profit of 15%. Later on, B sold it back to A at a profit of 20%, thereby gaining Rs. 552. How much did A pay for the toy originally?

    Rs. 2400

    Correct Answer

    Rs. 2560

    Incorrect Answer

    Rs. 2760

    Incorrect Answer

    Rs. 2800

    Incorrect Answer
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    Explanation:
     A → 100 – CP for A
    B= 115 – CP for B
    B sold it to A at a profit of 20%
    20% =1/5
    SP – 6
    CP – 5 → 115
    SP =6*115/5=138
    Gain for B = 138–115
    =23
    23 → 552
    1 → 24
    100 → Rs 2400

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