Profit And Loss Ques 6
Question.
The ratio of cost price of a blazer to a tie is $11: 4$. A shopkeeper sells both the items together as a set. While his overall profit is $25 \%$, the profit on blazer is $20 \%$. If the profit on tie is ₹ 310 , what is the cost price of the blazer?
(1) ₹ 2000
(2) ₹ 2100
(3) ₹ 2200
(4) ₹ 2400
(5) None of these
(IBPS Bank PO/MT CWE (Main) 18.11.2016)
Show Answer
Correct Answer: (3)
Solution: (3)
Let the C.P. of blazer and the tie be $11 x$ and $4 x$ respectively.
Then $25 \%$ profit on total $15 x-$ $20 \%$ profit on Blazer $(11 x)=$ Total profit on tie
$\frac{25}{100} \times 15 x-\frac{20}{100} \times 11 x=310$
$\Rightarrow \frac{15}{4} x-\frac{11}{5} x=310$
$\Rightarrow 75 x-44 x=6200$
$\Rightarrow 31 x=6200$
$11 x=11 \times 200=2200$
$\therefore$ C.P. of blazer $= \text{₹} 2200$
BETA
