ABC26GN2561 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:

Shaloo sold a mobile phone at the cost of ` 1950 at a loss of 25%. At what cost will she have to sell it to get a profit of 30%?

Answer

Answer (as printed):

Explanation

Case I. S.P. = 1950, Loss = 25%.  100  \ C.P. = `  × 1950 = ` 2600. 75  Case II. C.P. = ` 2600, Profit = 30%.  130  \ S.P. = `  × 2600 = ` 3380. 100  Another Method: Let the new S.P. be ` x. Then, (100 – loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.) ⇒ (100 – 25) : 1950 = (100 + 30) : x  1950 × 130  ⇒ 75 : 1950 = 130 : x ⇒ x =   = 3380. 75

Explanation as extracted from the printed page; notation may be imperfect.

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