Railways Exam > Railways Questions > Profit obtained from selling an article for ...
Start Learning for Free
Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?
- a)20
- b)33 1/3
- c)40
- d)33 2/3
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Profit obtained from selling an article for Rs 310 equals the loss in...
As the percentage of profit is equal to percentage of loss,
View all questions of this test
Profit/loss = (310 - 230) / 2
⇒ 80 / 2 = 40
Cost price = (230 + 40) or (310 - 40) = 270
Loss percentage when selling price is 180 = {(270 - 180) / 270} x 100
⇒ (90/270) x 100 = 100/3 = 33 1/3
Hence, option C is the correct answer.
Most Upvoted Answer
Profit obtained from selling an article for Rs 310 equals the loss in...
Given information:
- Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230.
Let's assume the cost price of the article is Rs x.
Profit obtained from selling the article for Rs 310 is given as:
Selling price - Cost price = Rs 310
310 - x = Profit
Loss incurred from selling the article for Rs 230 is given as:
Cost price - Selling price = Rs 230
x - 230 = Loss
Since the profit obtained is equal to the loss incurred, we can equate the two equations:
310 - x = x - 230
Simplifying the equation, we get:
310 + 230 = 2x
540 = 2x
x = 270
Now, we can calculate the loss percentage when the selling price is Rs 180.
Loss = Cost price - Selling price
Loss = 270 - 180
Loss = 90
Loss percentage can be calculated using the formula:
Loss percentage = (Loss/Cost price) * 100
Substituting the values:
Loss percentage = (90/270) * 100
Loss percentage = (1/3) * 100
Loss percentage = 33 1/3
Therefore, the loss percentage when the selling price is Rs 180 is 33 1/3, which is option B.
- Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230.
Let's assume the cost price of the article is Rs x.
Profit obtained from selling the article for Rs 310 is given as:
Selling price - Cost price = Rs 310
310 - x = Profit
Loss incurred from selling the article for Rs 230 is given as:
Cost price - Selling price = Rs 230
x - 230 = Loss
Since the profit obtained is equal to the loss incurred, we can equate the two equations:
310 - x = x - 230
Simplifying the equation, we get:
310 + 230 = 2x
540 = 2x
x = 270
Now, we can calculate the loss percentage when the selling price is Rs 180.
Loss = Cost price - Selling price
Loss = 270 - 180
Loss = 90
Loss percentage can be calculated using the formula:
Loss percentage = (Loss/Cost price) * 100
Substituting the values:
Loss percentage = (90/270) * 100
Loss percentage = (1/3) * 100
Loss percentage = 33 1/3
Therefore, the loss percentage when the selling price is Rs 180 is 33 1/3, which is option B.
Attention Railways Students!
To make sure you are not studying endlessly, EduRev has designed Railways study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Railways.
|
Explore Courses for Railways exam
|
|
Similar Railways Doubts
Top Courses for RailwaysView all
Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer?
Question Description
Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer?.
Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer?.
Solutions for Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Railways.
Download more important topics, notes, lectures and mock test series for Railways Exam by signing up for free.
Here you can find the meaning of Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Profit obtained from selling an article for Rs 310 equals the loss incurred on selling that article for Rs 230. What will be the loss percentage when the selling price is Rs 180?a)20b)33 1/3c)40d)33 2/3Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Railways tests.
|
|
Explore Courses for Railways exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup