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	<title>the c.p of 15 books is equal to the s.p of 18 books. find his gain% or loss%? - Wikitechy</title>
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	<title>the c.p of 15 books is equal to the s.p of 18 books. find his gain% or loss%? - Wikitechy</title>
	<link>https://www.wikitechy.com/interview-questions/tag/the-c-p-of-15-books-is-equal-to-the-s-p-of-18-books-find-his-gain-or-loss/</link>
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		<title>A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price ?</title>
		<link>https://www.wikitechy.com/interview-questions/profit-and-loss/a-watch-was-sold-at-a-loss-of-10-if-it-was-sold-for-rs-140-more-there-would-have-been-a-gain-of-4-what-is-the-cost-price/</link>
					<comments>https://www.wikitechy.com/interview-questions/profit-and-loss/a-watch-was-sold-at-a-loss-of-10-if-it-was-sold-for-rs-140-more-there-would-have-been-a-gain-of-4-what-is-the-cost-price/#respond</comments>
		
		<dc:creator><![CDATA[Editor]]></dc:creator>
		<pubDate>Tue, 17 Aug 2021 05:41:23 +0000</pubDate>
				<category><![CDATA[Profit and Loss]]></category>
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		<guid isPermaLink="false">https://www.wikitechy.com/interview-questions/?p=1655</guid>

					<description><![CDATA[Answer : A. Rs 1000...]]></description>
										<content:encoded><![CDATA[<div class="TextHeading">
<div class="hddn">
<p class="color-pink">A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price ?</p>
<div class="row">
<div class="col-sm-6">
<p>A. Rs 1000</p>
</div>
<div class="col-sm-6">
<p>B. Rs 1140</p>
</div>
<div class="col-sm-6">
<p>C. Rs 860</p>
</div>
<div class="col-sm-6">
<p>D. Rs 760</p>
</div>
</div>
</div>
</div>
<h3 id="answer-a-rs-1000"><b>Answer : </b>A. Rs 1000</h3>
<div class="subheading">
<h2 id="explanation">Explanation:</h2>
</div>
<div class="Content">
<div class="hddn">
<p>Let the cost price of the watch be x.<br />
It was sold for 10% loss that is 90x/100</p>
<p>If it was sold for 140 more, the price would be 90x/100 + 140 and this would be 4% gain which is 104x/100</p>
<p>So, 104x/100 = 90x/100 + 140<br />
Multiply through by 100, we have<br />
104x =90x + 14000<br />
Subtract 90x from both sides, we have<br />
14x = 14000<br />
Divide both sides by 14, we have<br />
x = 1000<br />
So, the cost price is 1000</p>
</div>
</div>
<div class="text-center row"></div>
]]></content:encoded>
					
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			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>A sells a camera to B at profit of 20% and B sells it to C at a profit of 25%. If C pays Rs 450, what price did A pay for the camera ?</title>
		<link>https://www.wikitechy.com/interview-questions/profit-and-loss/a-sells-a-camera-to-b-at-profit-of-20-and-b-sells-it-to-c-at-a-profit-of-25-if-c-pays-rs-450-what-price-did-a-pay-for-the-camera/</link>
					<comments>https://www.wikitechy.com/interview-questions/profit-and-loss/a-sells-a-camera-to-b-at-profit-of-20-and-b-sells-it-to-c-at-a-profit-of-25-if-c-pays-rs-450-what-price-did-a-pay-for-the-camera/#respond</comments>
		
		<dc:creator><![CDATA[Editor]]></dc:creator>
		<pubDate>Tue, 17 Aug 2021 05:38:34 +0000</pubDate>
				<category><![CDATA[Profit and Loss]]></category>
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		<guid isPermaLink="false">https://www.wikitechy.com/interview-questions/?p=1650</guid>

					<description><![CDATA[Answer : A. Rs 300...]]></description>
										<content:encoded><![CDATA[<div class="TextHeading">
<div class="hddn">
<p class="color-pink">A sells a camera to B at profit of 20% and B sells it to C at a profit of 25%. If C pays Rs 450, what price did A pay for the camera ?</p>
<div class="row">
<div class="col-sm-6">
<p>A . Rs 300</p>
</div>
<div class="col-sm-6">
<p>B . Rs 350</p>
</div>
<div class="col-sm-6">
<p>C . Rs 400</p>
</div>
<div class="col-sm-6">
<p>D . Rs 450</p>
</div>
</div>
</div>
</div>
<h3 id="answer-a-rs-300"><b>Answer : </b>A . Rs 300</h3>
<div class="subheading">
<h2 id="explanation">Explanation:</h2>
</div>
<div class="Content">
<div class="hddn">
<p>Let cost price for A = Rs. 100.<br />
SP for A = CP for B = 100 + 20% of 100 = 120.<br />
SP for B = CP for C = 120 + 25% of 120 = 150.</p>
<p>Given,<br />
CP for C = 450<br />
So,<br />
150 = 450<br />
1 = 450/150<br />
100 = (450 *100)/150 = Rs. 300.<br />
CP for A = Rs. 300.</p>
</div>
</div>
<div class="text-center row"></div>
]]></content:encoded>
					
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			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>On selling an article for Rs 1020, a merchant loses 15%. For how much price should he sell the article to gain 12% on it ?</title>
		<link>https://www.wikitechy.com/interview-questions/profit-and-loss/on-selling-an-article-for-rs-1020-a-merchant-loses-15-for-how-much-price-should-he-sell-the-article-to-gain-12-on-it/</link>
					<comments>https://www.wikitechy.com/interview-questions/profit-and-loss/on-selling-an-article-for-rs-1020-a-merchant-loses-15-for-how-much-price-should-he-sell-the-article-to-gain-12-on-it/#respond</comments>
		
		<dc:creator><![CDATA[Editor]]></dc:creator>
		<pubDate>Tue, 17 Aug 2021 05:35:44 +0000</pubDate>
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		<guid isPermaLink="false">https://www.wikitechy.com/interview-questions/?p=1654</guid>

					<description><![CDATA[Answer : A. Rs 1344...]]></description>
										<content:encoded><![CDATA[<div class="TextHeading">
<div class="hddn">
<p class="color-pink">On selling an article for Rs 1020, a merchant loses 15%. For how much price should he sell the article to gain 12% on it ?</p>
<div class="row">
<div class="col-sm-6">
<p>A . Rs 1344</p>
</div>
<div class="col-sm-6">
<p>B . RS 1400</p>
</div>
<div class="col-sm-6">
<p>C . Rs 1200</p>
</div>
<div class="col-sm-6">
<p>D . RS 1500</p>
</div>
</div>
</div>
</div>
<h3 id="answer-a-rs-1344"><b>Answer : </b>A . Rs 1344</h3>
<div class="subheading">
<h2 id="explanation">Explanation:</h2>
</div>
<div class="Content">
<div class="hddn">
<p>Selling Price (S.P) = Rs 1050<br />
Loss = 15%<br />
Let Cost Price (C.P) = 100%<br />
SP = CP – Loss% = 100% &#8211; 15% = 85%</p>
<p>85% = Rs 1020<br />
Therefore Cost Price = 100% = 1020/85 x 100 = 1200</p>
<p>To get 12% gain =&gt; SP = CP + Profit %<br />
= 100 % + 12 %<br />
= 112 %<br />
= 1200 / 100 x 112 = Rs 1344</p>
</div>
</div>
]]></content:encoded>
					
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			</item>
		<item>
		<title>The profit obtained by selling an article for Rs 480 is twice the loss obtained by selling for Rs 300. What is the cost price of the article ?</title>
		<link>https://www.wikitechy.com/interview-questions/profit-and-loss/the-profit-obtained-by-selling-an-article-for-rs-480-is-twice-the-loss-obtained-by-selling-for-rs-300-what-is-the-cost-price-of-the-article/</link>
					<comments>https://www.wikitechy.com/interview-questions/profit-and-loss/the-profit-obtained-by-selling-an-article-for-rs-480-is-twice-the-loss-obtained-by-selling-for-rs-300-what-is-the-cost-price-of-the-article/#respond</comments>
		
		<dc:creator><![CDATA[Editor]]></dc:creator>
		<pubDate>Tue, 17 Aug 2021 05:33:09 +0000</pubDate>
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		<guid isPermaLink="false">https://www.wikitechy.com/interview-questions/?p=1648</guid>

					<description><![CDATA[Answer : C. Rs 360...]]></description>
										<content:encoded><![CDATA[<div class="TextHeading">
<div class="hddn">
<p class="color-pink">The profit obtained by selling an article for Rs 480 is twice the loss obtained by selling for Rs 300. What is the cost price of the article ?</p>
<div class="row">
<div class="col-sm-6">
<p>A. Rs 400</p>
</div>
<div class="col-sm-6">
<p>B. Rs 420</p>
</div>
<div class="col-sm-6">
<p>C. Rs 360</p>
</div>
<div class="col-sm-6">
<p>D. RS 350</p>
</div>
</div>
</div>
</div>
<h3 id="answer-c-rs-360"><b>Answer : </b>C. Rs 360</h3>
<div class="subheading">
<h2 id="explanation">Explanation:</h2>
</div>
<div class="Content">
<div class="hddn">
<p>Here pofit is the twice the loss.<br />
Profit = 2 Loss.<br />
Selling Price – Cost Price = 2 (Cost Price – Selling Price)<br />
480 – Cost Price = 2(Cost Price – 300)<br />
3 Cost Price = 1080<br />
Cost Price = 360</p>
</div>
</div>
<div class="text-center row"></div>
]]></content:encoded>
					
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