Multiple Choice Questions on A person purchased a book and a novel for Rs 2800 He sold the book at a profit of 10 and the novel a........... for Mathematics - All Exams Preparation

Profit and loss

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Indian Economy - Understanding the basics of Indian economic system

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    A person purchased a book and a novel for Rs. 2800. He sold the book at a profit of 10% and the novel at a profit 15.25%. If his total profit was 13%, find the difference between the Cost price of the Book and Novel.

    200

    Incorrect Answer

    400

    Correct Answer

    450

    Incorrect Answer

    350

    Incorrect Answer
    Explanation:

    We solve this question using the concept of Alligation.
                    10            15.25
                            13
            15.25 – 13  :     13 – 10
                  2.25     :     3
                     3       :     4
    The price of Book = 2800 × 3/7  = 1200
    The price of Novel = 2800 x 4/7 =  1600
    The difference between the Cost price of the Book and Novel = 1600 – 1200 = Rs. 400


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