2 votes 2 votes An article was sold at a discount of 15% and there was a profit of 20%. If the gained was 6 rupees less than the discount offered, what was the selling price of the article ? Quantitative Aptitude quantitative-aptitude + – ManojK asked Jun 15, 2016 ManojK 1.5k views answer comment Share Follow See all 6 Comments See all 6 6 Comments reply Show 3 previous comments asu commented Jun 15, 2016 reply Follow Share ANS=134.4 0 votes 0 votes ManojK commented Jun 15, 2016 reply Follow Share @asu Can u provide your sol ? 0 votes 0 votes vijaycs commented Jul 5, 2016 reply Follow Share Let Selling Price = S Marketing Price = M Purchased Price = P Given, Discount = 15%. So, S = 0.85 M ---------(1) Given, Profit = 20 % So, S = 1.2 P ----------(2) The gained was 6 rupees less than the discount offered, So, 0.2P(gain) = 0.15M(discount) - 6 ------(3) From eqn (2) and (3), trying to eliminate P, S = (1.2 / 0.2) * (0.15M - 6) using equation (1), => S = 6 ( (15/85) S - 6 ) => S = (90/85) S - 36 => S(90/85 - 1) = 36 => S = (36*85)/5 = 36*17 = 612 3 votes 3 votes Please log in or register to add a comment.
Best answer 4 votes 4 votes Let $\text{SP} =x$ $\text{CP}= \text{SP} \times \frac{100}{120} = \frac{5x}{6}$ $\text{MP} = \text{SP} \times \frac{100}{85} = \frac{20x}{17}$ $\text{Profit}=\frac{x}{6}$ $\text{Discount}=\frac{3x}{17}$ $\frac{3x}{17} - \frac{x}{6}=6$ $\implies x=612.$ Nipun kumar answered Jul 5, 2016 • selected Jul 5, 2016 by Arjun Nipun kumar comment Share Follow See all 0 reply Please log in or register to add a comment.
2 votes 2 votes ............................... Kapil answered Jun 15, 2016 • edited Mar 13, 2017 by Kapil Kapil comment Share Follow See 1 comment See all 1 1 comment reply Nipun kumar commented Jul 5, 2016 reply Follow Share Wrong approach Last equation terribly wrong. It satisfies discount of 15 % but does not satisfies profit of 20%. Instead it satisfies that selling price is 94 greater than discount 0 votes 0 votes Please log in or register to add a comment.
1 votes 1 votes SP = 0.85. MP SP = 1.2 CP 0.2 CP = 0.15 MP - 6 3 equations and 3 variables. We need to get SP. So, SP = 0.85 (0.2CP + 6)/0.15 = 3.4/3 CP + 34 = 3.4/3 SP /1.2 + 34 = 17/18 SP + 34 SP = 34 * 18 = 680 - 68 = 612 Arjun answered Jul 5, 2016 Arjun comment Share Follow See all 0 reply Please log in or register to add a comment.
0 votes 0 votes Let the MRP be Rs.x discount=15x/100 SP=MRP-Discount=x-15x/100=85x/100 Gain=20%of SP=17x/100 As CP=SP-Gain=85x/100-17x/100=68x/100 Given that Gain =Rs.6 Gain=SP-CP=85x/100-68x/100=17x/100=Rs.6 x=rs.35.29412 SP=85x/100=Rs.30 CP=68x/100=Rs.24 Nishant Arora answered Jun 15, 2016 Nishant Arora comment Share Follow See all 0 reply Please log in or register to add a comment.