send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
A person bought an article and sold it at a loss of 15%. If he would have sold it for Rs50 more, he could have gained 10%. What
was the original cost price of the article?
Rs260
Rs280
Rs160
Rs200
Let's break down the problem:
- The person sold the article at a 15% loss, which means the selling price (SP) was 85% of the cost price (CP).
- If sold for Rs 50 more, there would be a 10% profit, making the SP 110% of the CP.
- So, the difference between the two SPs should be Rs 50.
Let's use a bit of math:
- Let the original cost price be "x".
- 85% of x = 0.85x (current SP).
- 110% of x = 1.10x (SP for a 10% profit).
- The equation based on the Rs 50 difference:
- 1.10x = 0.85x + 50
- Solving this gives:
- 0.25x = 50
- x = 200
So, the original cost price is Rs 200.
- Option 1: Rs 260 – Too high.
- Option 2: Rs 280 – Too high.
- Option 3: Rs 160 – Too low.
- Option 4: Rs 200 – Correct answer.
Report error
Please Wait..
Access to prime resources