Railways Exam  >  Railways Questions  >   Profit obtained on selling an article for Rs... Start Learning for Free
Profit obtained on selling an article for Rs 310 is equal to 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?
Verified Answer
Profit obtained on selling an article for Rs 310 is equal to the loss...
Let the profit & loss be x
ATQ,
310-x=230+x
2x=80
X=40
CP of article =Rs.270
when the selling price is Rs 180
View all questions of this test
Most Upvoted Answer
Profit obtained on selling an article for Rs 310 is equal to the loss...
Given Data:
Profit obtained on selling an article for Rs 310 is equal to the loss incurred on selling that article for Rs 230.

Calculating Cost Price:
Let the cost price of the article be Rs x.
When selling price = Rs 310:
Profit = Selling Price - Cost Price
Profit = 310 - x
When selling price = Rs 230:
Loss = Cost Price - Selling Price
Loss = x - 230
Given that the profit is equal to the loss:
310 - x = x - 230
2x = 540
x = 270
So, the cost price of the article is Rs 270.

Calculating Loss Percentage:
When selling price = Rs 180:
Loss = Cost Price - Selling Price
Loss = 270 - 180 = Rs 90
Loss Percentage = (Loss / Cost Price) * 100
Loss Percentage = (90 / 270) * 100
Loss Percentage = 33.33%
Therefore, the loss percentage when the selling price is Rs 180 is 33 1/3%. Hence, the correct answer is option B.
Explore Courses for Railways exam
Profit obtained on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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 on selling an article for Rs 310 is equal to 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

Top Courses for Railways

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev