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Aptitude · Q31

Profit And Loss

Competitive Exams · Aptitude · question 31

Q31

A man buys a chair and table for Rs. 6000. He sells the chair at a loss of 10% and the table at gain of 10%. He still gains Rs. 100 on the whole. Cost price of chair is:

A.
Rs. 2500
Answer
B.
Rs. 2850
C.
Rs. 3050
D.
Rs. 3500

Answer: Option A

Solution

Answer: Option A
Solution:
If the CP of the chair be Rs. x then,
Total SP =   +
Or, 9x + 66000 - 11x = 61000
Or, 2x = 66000 - 61000 = 5000
Or, x = Rs. 2500