Profit And Loss

Question 1

Priya purchased two articles A and B whose total cost price was 15600. Article A sold at a 30% profit while article B sold at a 15% loss. She got neither profit nor
loss in this transaction, and then find the cost price of article B?
1) 10500 2)10400 3) 10600 4) 10300 5) 10700

Answer 1

2
We can do it in both reverse method and Alligation

Question 2

Price of a cycle depreciates by 30% every 8 months. The cycle was purchased 8 months ago. At present, it is marked 100% over its current price and sold at a discount of 40%. If the profit earned at the current price is Rs.840, then find the
price of the cycle 8 months ago from now?
1) 6000 2) 6300 3) 6800 4) 6700 5) 6600

Answer 2

1

Assume bought price 8 months ago = 100
Therefore,
100(70/100)(200/100)*(60/100)=84
Given 84-70 implies 840
Therefore 100 implies 6000

Question 3

The marked price of the article is 50% more than the cost price of the article and the shopkeeper offered two successive discounts of 16 2/3 % and 12% respectively on the marked price of the article. If the shopkeeper offering discounts on cost price then what is the difference between the selling prices if the cost price of the article is rupees 600?
1) 220 2) 250 3) 330 4) 450 5) 440

Answer 3

(1)
MP:CP=3:2
CP=600
MP=900