Multiple Choice Questions on Cost Price of two mobiles is same One is sold at a profit of 20 and the other for Rs 5200 more than ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Cost Price of two mobiles is same One is sold at a profit of 20 and the other for Rs 5200 more than ...........

Quant (SSC) Profit and loss
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    Cost Price of two mobiles is same. One is sold at a profit of 20% and the other for Rs. 5200 more than the first. If the net profit is 40%. Find the cost price of each mobile?

    Rs. 13000

    Correct Answer

    Rs. 12000

    Incorrect Answer

    Rs. 16000

    Incorrect Answer

    Rs. 12500

    Incorrect Answer
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    Explanation:

    CP of each mobile be Rs.x then
    (2 x 1.20 x x) + 5200 = 2 x 1.4 x N
    ⇒ 0.4 x = 5200
    ∴ N = 13000

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