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Aptitude · Q473

Profit And Loss

Competitive Exams · Aptitude · question 473

Q473

A Microwave oven is sold in Hyderabad for Rs. M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs. 1.000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs. M making a profit of 10%. Find the value of M (in Rs.).

A.
6,305.8
B.
6,258.8
C.
6,285.7
Answer
D.
6,527.9

Answer: Option C

Solution

Answer: Option C
Solution:

Let price in Madras is 3x and Hyderabad 4x = M
Now, According to the question,
3x + 1000 is the cost price when it is taken from Maderas
Now,