Profit And Loss Ques 28
Question.
Ram bought a bike at $20 \%$ discount on marked price After 1 year Ram sold the bike to Ramesh at $10 \%$ loss. After 1 year more Ramesh sold the bike at $20 \%$ profit to Ranjan. If Ranjan paid Rs. $1,29,600$, then find the marked price of the bike?
(1) Rs. $1,50,000$
(2) Rs. $2,25,000$
(3) Rs. $1,40,000$
(4) Rs. $2,00,000$
(5) Rs. $1,80,000$
(IBPS Bank PO/MT CWE (Prelim Exam) 21.10.2018)
Show Answer
Correct Answer: (1)
Solution: (1)
Marked price of bike $=$ Rs. $x$
According to the question,
$x \times \frac{80}{100} \times \frac{90}{100} \times \frac{120}{100}=129600$
$\Rightarrow x \times \frac{8}{10} \times \frac{9}{10} \times \frac{12}{10}=129600$
$\Rightarrow x=\frac{129600 \times 1000}{8 \times 9 \times 12}$ $=$ Rs. 150000
BETA
