Quantitative Aptitude Ques 795
Question: Directions: In the following questions, two equations numbered I and II are given. You have to solve both the equations and give answer.
What was the per cent profit/loss made/incurred by selling an article for Rs. 24000? I. The ratio between the selling price and the cost price of the article is 5: 3, respectively. II. The difference between the cost price and the selling price is Rs. 9600.
Options:
A) If
B) If
C) If
D) If
E) If or the relationship cannot be established
Show Answer
Answer:
Correct Answer: C
Solution:
- From statement I, Cost price of the article Profit Profit percent From statement II, Cost price Hence, profit per cent can be determined.
BETA
