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Aptitude · Q422

Profit And Loss

Competitive Exams · Aptitude · question 422

Q422

Abhi bought two articles for Rs. 624. He sold one at a loss of 14% and the other at a profit of 14%. If the selling price of both the articles is equal. Then the difference between their cost prices (in Rs.) is:

A.
89.64
B.
87.36
Answer
C.
89.68
D.
88.84

Answer: Option B

Solution

Answer: Option B
Solution:
\begin{array}{*{20}{c}} {}&{\text{I}}&{{\text{II}}} \\ {{\text{Cost Price}} \to }&{{{50}_{ \times 57}}}&{{{50}_{43}}} \\ {{\text{Profit/Loss}} \to }&{ - 7}&{ + 7} \\ {{\text{Sale Price}} \to }&{{{43}_{ \times 51}}}&{{{57}_{ \times 43}}} \end{array}
Cost price = 50(57 + 43)
= 5000 unit → 624
= 1 unit →
Difference of Cost price