A dealer sells a table for Rs 460 making a profit of 10 He sells another table at a loss of 5 and on...........

Quant (SSC) Profit and loss

A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on the whole he makes neither profit nor loss. What did the second table cost him

836

822

832

842

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Explanation:

no loss/ no profit means cp = sp i.e. cp1 + cp2 = sp1 + sp2
sp1 = 460 = (115/100)*cp1
sp2 = (95/100)*cp2
(460*100)/115 + cp2 = 460 + (95/100)*cp2
Cp2 = 836.36