Multiple Choice Questions on A man sell 35 waffers for Rs 15 each and loses Rs 40 4 If he sells 35 waffers for Rs 18 how much doe........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man sell 35 waffers for Rs 15 each and loses Rs 40 4 If he sells 35 waffers for Rs 18 how much doe...........

Quantitative Aptitude ( CCS) Profit and loss
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    A man sell 35 waffers for Rs. 15 each and loses Rs. 40.4. If he sells 35 waffers for Rs. 18, how much does he loss or gain ?

    62

    Incorrect Answer

    64

    Correct Answer

    66

    Incorrect Answer

    68

    Incorrect Answer
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    Explanation:

    Given Loss = Rs. 40.4
    We know loss = cost price - selling price
    40.4 = CP - 35(15)
    => CP = 40.4 + 525
    => CP = Rs. 565.4
    Now the New selling price of waffer is Rs. 18
    => SP = 35(18) = 630
    Now Gain = SP - CP = 630 -565.4 = Rs. 64.6.

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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