Multiple Choice Questions on A person sold a Tubelight at Rs 85 25 in such a way that his percentage profit is the same as the co........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A person sold a Tubelight at Rs 85 25 in such a way that his percentage profit is the same as the co...........

Quantitative Aptitude ( CCS) Profit and loss
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    A person sold a Tubelight at Rs.85.25 in such a way that his percentage profit is the same as the cost price of the Tubelight. If he sells it at twice the percentage profit of his previous percentage of the profit then the new selling price will be

     

    Rs. 110.5
     

    Incorrect Answer

    Rs.115.05
     

    Incorrect Answer

    Rs.115.5
     

    Correct Answer

    Rs.110.05

    Incorrect Answer
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    Explanation:

    Cp = x
    Sp = x+(x2/100) = 85.25
    x2+100x-8525 = 0
    (x+155)(x-55) = 0
    X = 55
    Now sp = 55+(55×110)/100 = 55+60.50 =115.5

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