Join ExamsbookAnswer : 1. "Rs. 620"
A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?5
Q: A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?
- 1Rs. 620true
- 2Rs. 654false
- 3Rs. 725false
- 4Rs. 747false
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Answer : 1. "Rs. 620"
Explanation :
Answer: A) Rs. 620 Explanation: Let the C.P of one item is Rs. P and that of other is Rs. (7500 - P) According to the data given C.P = S.P => Px(116/100) + (7500-P)x(86/100) = 7500 => 30P = 105000 => P = 3500 Required difference between selling prices = Rs. [(3500/100) x 116] - [(4000/100) x 86] = 4060-3440 = Rs. 620