Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-21

  • question_answer
    On selling an article at Rs. 1060, the gain is 20% more than the loss incurred on selling it at Rs. 950. In order to gain 20%, the selling price will be

    A)  Rs. 980

    B)  Rs. 1080

    C)  Rs. 1800          

    D)  None of these

    Correct Answer: D

    Solution :

    Let CP be Rs. x .Then, \[\frac{12}{100}(x-950)=(106-x)\] \[\Rightarrow \,\,\]\[\,6(x-950)=5(1060-x)\] \[\Rightarrow \,\,\]\[11x=(5300+5700)=11000\] \[\Rightarrow \,\,\]\[\,x=1000\] \[\therefore \]\[CP=Rs.\,\,1000\] Desired SP \[=Rs.\,\,\left( 1000\times \frac{120}{100} \right)=Rs.\,\,1200\]


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