A Man bought two boxes for Rs1300 He sold one box at a profit of 20 and the other at aloss of 12 If ...........

Quantitative Aptitude ( CCS) Profit and loss

A Man bought two boxes for Rs1300. He sold one box at a profit of 20% and the other at aloss of 12%. If the selling price of both boxes is the same, then the cost price of each box is

Rs400, Rs900

Rs450, Rs850

Rs600,Rs700

Rs550, Rs750

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Explanation:

Let the CP of one box be x.
Then next box be (1300-x)
SP of both the box is same.
x*120/100=(1300-x)* 88/100
6x/5=13*88 -88x/100
208x=13*88*100
x=Rs550.
Then 1300-550=Rs750.

Hence, option 4 is the correct answer.