Quantitative Aptitude Ques 2222

Question: A sell an article to B at a profit of 18%. B sells the same to C at a profit of 20% C sells it to D at Rs. 2301 thereby earning a profit of 30%. The cost price of A is

Options:

A) Rs. 1250

B) Rs.1275

C) Rs. 1350

D) Rs. 1375

Show Answer

Answer:

Correct Answer: A

Solution:

  • Let the cost price of A be Rs. x. Then, 130% of 120% of 118% of $ x=2301 $

$ \Rightarrow $ $ \frac{130}{100}\times \frac{120}{100}\times \frac{118}{100}\times x=2301 $

$ \Rightarrow $ $ x=Rs\text{. }( \frac{2301\times 100\times 100\times 100}{130\times 120\times 118} )=Rs\text{. 1250} $

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