Multiple Choice Questions on The cost price of the two chairs is same Difference between their selling prices is Rs 90 On selling........... for SBI(PO) Exam Preparation

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Multiple Choice Questions

The cost price of the two chairs is same Difference between their selling prices is Rs 90 On selling...........

Quantitative Aptitude (SBI-PO) Profit and loss
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    The cost price of the two chairs is same. Difference between their selling prices is Rs. 90. On selling one chair, a person got a profit of 12% and on selling another he got a profit of 18%. Find the cost price of each chair.

    Rs. 1200

    Incorrect Answer

    Rs. 1500

    Correct Answer

    Rs. 1800

    Incorrect Answer

    Rs. 2400

    Incorrect Answer

    Rs. 1000

    Incorrect Answer
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    Explanation:
    Let CP of the Article 100x Rs.
    So SP of first Article at 12% gain= 112x Rs.
    And SP of second Article at 18% gain = 118x Rs.
    ATQ,
    118x – 112x= 90
    6x = 90
    X= 15
    So CP of the Article = 100x =1500 Rs.

    By: Munesh Kumari
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