111 Views

Question : On selling a table for Rs. 210 and Rs. 420 there will be a loss of $L_1 \%$ and $L_2 \%$ respectively. If $L_1-L_2=7$, then what is the cost price of the table:

Option 1: Rs. 5,000

Option 2: Rs. 3,000

Option 3: Rs. 7,000

Option 4: Rs. 4,000


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Rs. 3,000


Solution : Given: $SP_1=210$
$SP_2=420$
Here, the cost price is denoted by CP and the selling price is denoted by SP.
Difference between Selling Prices = 420 – 210 = 210
If there is a loss and $L_1-L_2=7$
Then, 7% of cost price (Loss) = Difference between the selling prices
$⇒\frac{7}{100} \times CP = 210$
$⇒CP = 3000$
Hence, the correct answer is Rs. 3,000.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

Amity Online MBA
Apply
Apply for an Online MBA from Amity Online.
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books