Examveda
Examveda

A space research company wants to sell its two products A and B. If the product A is sold at 20% loss and the product B at 30% gain, the company will not lose anything. If the product A is sold at 15% loss and the product B at 15% gain, the company will lose Rs. 6 million in the deal. What is the cost of product B ?

A. Rs. 80 million

B. Rs. 100 million

C. Rs. 120 million

D. Rs. 140 million

Answer: Option A

Solution(By Examveda Team)

Let the cost of product A be Rs. x and B be Rs. y
According to first sell
    0.80x + 1.3y = x + y
⇒ 0.2x = 0.3y
⇒ x = $$\frac{3\text{y}}{2}$$ . . . . . . (i)
According to second sell
    0.85x + 1.15y = (x + y) - 6
⇒ 0.15y = 0.15x - 6 (Multiply by 100)
⇒ 15y = 15x - 600 (Putting the value of x)
⇒ 15y = 15 × $$\frac{3\text{y}}{2}$$ - 600
⇒ 15y = $$\frac{45\text{y}}{2}$$ - 600 (Multiply by 2 both side)
⇒ 30y = 45y - 1200
⇒ 15y = 1200
⇒ y = 80 million

This Question Belongs to Arithmetic Ability >> Profit And Loss

Join The Discussion

Comments ( 1 )

  1. Tarun Patial
    Tarun Patial :
    4 years ago

    I can find this same solution in R.S Aggarwal also , can you please elaborate the steps rather than copying the same from the solutions of the book .

Related Questions on Profit and Loss