Gaurav buys two articles set for a total cost of Rs 600 By selling one article set for 4 5 of its co...........

Quantitative Aptitude ( CCS) Profit and loss

Gaurav buys two articles set for a total cost of Rs. 600. By selling one article set for 4/5 of its cost and the other for 5/4 of its cost, he makes a profit of Rs. 96 on the whole transaction. The cost of the lower priced article set is?

Rs. 360

Rs. 320

Rs. 150

Rs. 120

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Explanation:

CP of 1st article set = x
CP of 2nd article set = 600-x
SP of 1st article set = 4x/5
SP of 2nd article set=(600-X)5/4
Profit=SP-CP
96=4x/5+(600-X)5/4-600
X = 120