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A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?
- a)Rs. 60
- b)Rs. 50
- c)Rs. 75
- d)Rs. 85
- e)None of the Above
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A vendor sold two magazines namely A and B. He sold magazine ‘A&...
20% of x = 25% of y ; x + y = 450
x/y = 5/4
Difference = Rs.50
x/y = 5/4
Difference = Rs.50
Most Upvoted Answer
A vendor sold two magazines namely A and B. He sold magazine ‘A&...
A for $5 and magazine B for $8. He sold a total of 10 magazines and made a total of $70. Let's solve this problem using algebra.
Let's assume the vendor sold x copies of magazine A and y copies of magazine B.
According to the problem, the vendor sold a total of 10 magazines, so we can write the equation:
x + y = 10 ...(1)
The vendor sold magazine A for $5, so the total amount earned from selling magazine A is 5x.
Similarly, the vendor sold magazine B for $8, so the total amount earned from selling magazine B is 8y.
According to the problem, the total amount earned from selling both magazines is $70. So we can write the equation:
5x + 8y = 70 ...(2)
We now have a system of equations (equations 1 and 2) that we can solve simultaneously.
To solve the system, we will use the method of substitution. We will solve equation 1 for x and substitute it into equation 2.
From equation 1, we can write x = 10 - y.
Substituting x = 10 - y into equation 2, we get:
5(10 - y) + 8y = 70
50 - 5y + 8y = 70
3y = 20
y = 20/3
Substituting the value of y back into equation 1, we get:
x + 20/3 = 10
x = 10 - 20/3
x = 30/3 - 20/3
x = 10/3
Therefore, the vendor sold 10/3 copies of magazine A and 20/3 copies of magazine B.
Let's assume the vendor sold x copies of magazine A and y copies of magazine B.
According to the problem, the vendor sold a total of 10 magazines, so we can write the equation:
x + y = 10 ...(1)
The vendor sold magazine A for $5, so the total amount earned from selling magazine A is 5x.
Similarly, the vendor sold magazine B for $8, so the total amount earned from selling magazine B is 8y.
According to the problem, the total amount earned from selling both magazines is $70. So we can write the equation:
5x + 8y = 70 ...(2)
We now have a system of equations (equations 1 and 2) that we can solve simultaneously.
To solve the system, we will use the method of substitution. We will solve equation 1 for x and substitute it into equation 2.
From equation 1, we can write x = 10 - y.
Substituting x = 10 - y into equation 2, we get:
5(10 - y) + 8y = 70
50 - 5y + 8y = 70
3y = 20
y = 20/3
Substituting the value of y back into equation 1, we get:
x + 20/3 = 10
x = 10 - 20/3
x = 30/3 - 20/3
x = 10/3
Therefore, the vendor sold 10/3 copies of magazine A and 20/3 copies of magazine B.
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A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer?
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A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer?.
A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer?.
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A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?a)Rs. 60b)Rs. 50c)Rs. 75d)Rs. 85e)None of the AboveCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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