Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Radha bought a fridge and a washing machine together for ₹57300. She sold the fridge at a profit of 15% and washing machine at a loss of 24% and both are sold at the same price. The cost price of washing machine(in ₹) is:

Options:

28650

34500

24500

22800

Correct Answer:

34500

Explanation:

We have,

The cost price of fridge and washing machine = 57300

We know that,

15% = \(\frac{3}{20}\) (Profit)

24% = \(\frac{6}{25}\) (Loss)

Now, according to the question,

                                CP                 SP

Fridge                        20                 23

Washing machine         25                 19

Multiply by 19 and 23 as given below for making selling price same,

        CP                 SP

        20                 23) × 19

        25                 19) × 23

=

        CP                 SP

        380                 437

        575                 437

Now according to the question,

380 + 575 = 57300

955 = 57300

1 = 60

then, 575 = 34500