A bought a bag and a bottle for a total on Rs900 He sold the bottle at a profit of 12 and the bag at...........

Quantitative Aptitude (MTS) Profit and loss

A bought a bag and a bottle for a total on Rs900. He sold the bottle at a profit of 12% and the bag at a profit of 20%. If he earned

a total profit of Rs160.80, then calculate the cost price of the bottle.

This questions was previously asked in

SSC MTS 7th July 2022 Shift-1

Rs320

Rs300

Rs200

Rs240

- Let's say the cost price of the bottle is Rs B, and the cost price of the bag is Rs (900 - B).

- A sells the bottle at a 12% profit. Thus, the selling price of the bottle is B + 0.12B = 1.12B.

- The bag is sold at a 20% profit. The selling price of the bag is (900 - B) + 0.2(900 - B) = 1.2(900 - B).

- The total profit made is Rs 160.80. So, 1.12B + 1.2(900 - B) = 900 + 160.80.

- Simplifying: 1.12B + 1080 - 1.2B = 1060.80.

- Solving: -0.08B = -19.2. This gives B = Rs 240.

- ? Correct Option: 4, Rs 240

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