Genelia bought some stationery items at the rate of 5 for Re 1 and an equal number of items at ...........

Quant (SSC) Profit and loss

Genelia bought some stationery items at the rate of 5 for Re. 1 and an equal number of items at the rate of 4 for Re. 1. She mixed both the types of items and sold them at the rate of 9 for Rs. 2. In this transaction she bore a loss of Rs. 3. Find the total number of items purchased by her?

1100

1080

1060

1020

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Explanation:

Let the person buys 20 items of each type.
Total CP = 20/5 + 20/4 = 4 + 5 = Rs 9
Now, SP of 9 items = Rs 2
Therefore, SP of 1 item = 2/9
∴ SP of 40 articles = 2/9 x 40 = 80/9
∴ Loss = 9 - (80/9) = 1/9
Now, if loss is 1/9, number of items bought and sold is 40.
∴ If loss is Rs. 3, number of articles bought and sold = 40 × 3 × 9 = 1080