ABC26GN2898 · Profit and Loss

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

What is the profit earned by selling a laptop for ₹26250? (Bank P.O., 2009) I. The cost price of 5 such laptops is equal to selling price of 4 such laptops. II. 25\% profit is earned by selling each laptop.
Answer
SELF-PRACTICE — the source book printed no answer.

Nothing is invented here, so this question has no answer on record.

Explanation
I. S.P. of 1 laptop = ₹26250. C.P. of 5 laptops = S.P. of 4 laptops $=₹(26250\times 4)=₹105000$. ⇒ C.P. of 1 laptop $=₹\left(\frac{105000}{5}\right)=₹21000$. Profit earned by selling a laptop $=₹(26250-21000)=₹5250$. So, I alone gives the answer. II. S.P. $=₹26250$, Profit $=25\%$. C.P. $=₹\left(\frac{100}{125}\times 26250\right)=₹21000$.

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

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