ABC26GN2632 · Profit and Loss

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

If an article is sold for ` x, there is a loss of 15%. If the same article is sold for ` y, there is a profit of 15%. The ratio of (y – x) to (y + x) is
(a)3 : 20
(b)20 : 3
(c)17 : 23
(d)20 : 23
Answer
Answer (as printed): A
Explanation
Let C.P. of the article be ` p. 85 Then, x = 85% of ` p = ` p. 100 115 And, y = 115% of ` p = ` p. 100  115 85   115 85  \ (y – x) : (y + x) =  p– p :  p+ p 100 100   100 100  30 200 3 = p: p= : 2 = 3 : 20. 100 100 10 11x

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

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