Multiple Choice Questions on A man sells a DVD player at a profit of 20 Had he bought it at 25 less and sold it for Rs 840 less h........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man sells a DVD player at a profit of 20 Had he bought it at 25 less and sold it for Rs 840 less h...........

Quant (SSC) Profit and loss
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    A man sells a DVD player at a profit of 20%. Had he bought it at 25% less and sold it for Rs.840 less,he would have gained 10%, What is the cost price of the DVD player?

    Rs.2240

    Correct Answer

    Rs.2100

    Incorrect Answer

    Rs.2320

    Incorrect Answer

    Rs.2760

    Incorrect Answer
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    Explanation:

    Let CP = 100………SP = 120% = 120
    New CP = 75………..new SP
    = 75*110/100 = 82.50
    Diff b/w SP = 120-82.50 = 37.50
    At diff 840, CP = 100*840/37.50 = 2240

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