Multiple Choice Questions on Anil purchases two books for Rs 100 He sells first at loss of 5 and second al 20 profit If he gets O........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Anil purchases two books for Rs 100 He sells first at loss of 5 and second al 20 profit If he gets O...........

Quantitative Aptitude ( CCS) Profit and loss
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    Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?

    58

    Incorrect Answer

    60

    Correct Answer

    62

    Incorrect Answer

    64

    Incorrect Answer
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    Explanation:

    -5-----------------------5-------------------20

    5-(-5) = 10

    20-5= 15

    Ratio of cost price of book1 and book2 = 3:2 

    Then cost price of book 1 is given by

    (3/5) x 100 = Rs. 60.

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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