Quantitative Aptitude Ques 32

Question: Harshal bought an article for Rs. 380 and he spent Rs. 20% of selling price on repairing. Although he got a profit of 20%, then what will be the selling price of that article?

Options:

A) Rs. 600

B) Rs. 660

C) Rs. 760

D) Rs. 330

Show Answer

Answer:

Correct Answer: A

Solution:

  • Let SP of the article = Rs. x CP of the article = Rs. 380 Amount spent on repairing $ =\frac{20\times x}{100}=Rs.\frac{x}{5} $ According to the question, $ ( 380+\frac{x}{5} )+( 380+\frac{x}{5} )\times \frac{20}{100}=x $

$ \Rightarrow $ $ ( 380+\frac{x}{5} )\times \frac{6}{5}=x $
$ \Rightarrow $ $ \frac{380\times 6}{5}+\frac{6x}{25}=x $

$ \Rightarrow $ $ \frac{380\times 6}{5}=\frac{19x}{25} $
$ \Rightarrow $ $ x=\frac{380\times 6\times 25}{5\times 19}=Rs.,600 $