2. Sample Papers
  3. Railways
  4. Quantitative Aptitude
  5. Profit and Loss

Railways Quantitative Aptitude Profit and Loss Sample Paper Profit and Loss Sample Test Paper-9

  • question_answer
    A cycle shop allows a discount of 25% on the marked price and earns a profit of 20% on the cost price. Its marked price on which shop earns Rs. 40 is

    A)  Rs. 300

    B)  Rs. 320

    C)  Rs. 280

    D)  Rs. 340

    Correct Answer: B

    Solution :

    [b] Let marked price = Rs. x \[\therefore \] Selling price (S.P)\[=x-\frac{25}{100}x\] SP\[=Rs.\frac{3}{4}x\] Let cost price (CP) = Rs. y Profit = 20% \[\therefore \] \[\frac{20}{100}y=40\] \[\Rightarrow \] \[y=200\] \[\therefore \] Selling price (SP) \[=200+40=Rs.\,240\] \[\therefore \] \[\frac{3}{4}x=240\Rightarrow x=\frac{240\times 4}{3}=320\]


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