Sanjana brought two Activas at two different prices and for a total cost for Rs 80000 By selling one...........

Quant (SSC) Profit and loss

Sanjana brought two Activas at two different prices and for a total cost for Rs. 80000. By selling one for 3/4 of its cost price and another for 4/3 of its cost price, she earns a profit of Rs. 8000 on the whole transaction. Find the cost price of the Activa which was brought on higher price?

45000

50000

48000

40000

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Explanation:

Let the cost price of one Activa = Rs x
Cost price of another Activa = Rs (80000 – x)
According to the question,
x × 4/3 + (80000 – x) × 3/4 = 88000
4x/3 + 60000 - 3x/4 = 88000
(16x – 9x) /12 = 88000 – 60000
7x /12 = Rs 28000
x = 28000 × 12/7
x = Rs 48000
Cost price of Activa brought on higher price = Rs 48000