A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively ?
A. Rs. 225, Rs. 425
B. Rs. 250, Rs. 400
C. Rs. 275, Rs. 375
D. Rs. 300, Rs. 350
Answer: Option B
Solution(By Examveda Team)
Let C.P. of clock A be Rs. x and that of clock B be Rs. (650 - x).Then,
120% of x = 75% of (650 - x)
$$\eqalign{ & \Rightarrow 650 - x = \frac{{120}}{{75}}x \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{8}{5}x \cr & \Rightarrow \frac{{13}}{5}x = 650 \cr & \Rightarrow x = \left( {\frac{{650 \times 5}}{{13}}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\, = 250 \cr & \therefore {\text{C}}{\text{.P}}{\text{. of A}} = {\text{Rs}}{\text{. }}250 \cr & {\text{C}}{\text{.P}}{\text{. of B}} = {\text{Rs}}{\text{. }}400 \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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