Profit and Loss - Discussion Page For Q.328 | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard

Home > Arithmetic Aptitude > Profit and Loss > Questions and Answers Discussion

A sold a table to B at a profit of 15%. Later B sold it back to A at a profit of 20% thereby gaining Rs. 69. How much did A pay for the table originally?

A.	Rs. 350	B.	Rs. 450
C.	Rs. 405	D.	Rs. 300

Answer and Explanation

Answer:Rs. 300

Explanation:
Let Cost Price of A = 100; Selling Price of A = 100(115 / 100) = Rs. 115
Cost Price of B = Rs. 115; Selling Price of B = 115(120/100) = Rs. 138
= Cost of Price A
Gain of B = 138 â€“ 115 = Rs. 23
If Cost Price of A = 100, gain of B = 23
Gain of B = 69
Cost Price of A = (100 Ã— 69)/23 = Rs. 300

Comment on this Question
Name:

LucentBlackBoard.com has the web's largest collection of over 15,000 aptitude questions and answers with detailed explanation which include subjects like Arithmetic Aptitude, Logical Reasoning, Verbal Ability, General Knowledge, Programming Skills and more!

Our online education portal provides a unique and standard learning experience for students. We enable the students to prepare for most of the entrance and competitive exams like MBA (MAT, GMAT), Engineering (IIT-JEE, AIEEE, GATE), Employment (IAS, Bank PO, Railway, UGCNET), Civil Services and many more. We bring you the best in education by providing technical excellence and creating innovative solutions. We provide facility for online test preparation that offers 24/7 access to relevant subject matter and relative tests. These test preparations help the students to groom themselves and get prepared before actually facing the examination.