Multiple Choice Questions on P sold a mobile phone to Q at 25 profit However Q sold it to R at a loss of 10 If R paid Rs3240 for ........... for SSC (MTS) Preparation

Profit and loss

Quantitative Aptitude (MTS)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

    P sold a mobile phone to Q at 25% profit. However, Q sold it to R at a loss of 10%. If R paid Rs3240 for the mobile phone, what

    was the price (in Rs) paid by P for it?

    This questions was previously asked in
    SSC MTS 22nd October 2021 Shift-1

    3,000

    Incorrect Answer

    2,880

    Correct Answer

    3,600

    Incorrect Answer

    2,580

    Incorrect Answer
    Explanation:

    - Step 1: Understanding the problem

    P sold a phone to Q at a profit of 25%. Q sold it to R at a loss of 10%. R paid Rs 3240.

    - Step 2: Calculate Q's selling price to R

    Since Q sold the phone at a loss of 10%, this means R bought it for 90% of Q's cost.

    \[

    Q's \text{ cost price} = 3240 / 0.9 = 3600

    \]

    - Step 3: Calculate P's original price

    P sold the phone to Q at a 25% profit, which means Q bought it for 125% of P's cost.

    \[

    P's \text{ original price} = 3600 / 1.25 = 2880

    \]

    - Options Review

    - Option 1: Rs 3,000

    - Option 2: Rs 2,880

    - Option 3: Rs 3,600

    - Option 4: Rs 2,580

    - Conclusion:

    The price paid by P was Rs 2,880.

    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free