CAT Question

A man sells a table set for ₹66000 and makes a profit of 10%. He sells another table at a loss of 20%. If on the whole, he neither gain nor loses, find the selling price of the second table. a 45000 b 42000 c 30000 d 24000?

Answers

Ram Tiwari Oct 28, 2021
45000

Prince Raj 2 days ago
SP=₹66,000 ,Profit=10% then find CP
CP=100÷100+10×66,000
= 100/110×66,000
=₹60,000
Here ,SP>CP
Actual Profit=SP-CP
=₹(66,000-60,000)
=₹6,000
similarly Actual loss on Second table
Actual Loss=20% of CP=₹6,000
Let CP=A
then 20A/100=6,000
=>>>A=30,000 where A= CP of the second set
SP of second Table Set =₹(30,000-6,000)
=₹24,000

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