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Profit and loss · EPFO APFC · Question 55 of 55

Profit and loss: Find the selling price of goods if two salesmen claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being Rs. 100 and selling price being the same in both the cases.

Step-by-step solution. Profit and loss for EPFO APFC.

Topic
Profit and loss
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit and lossMedium · 45s

Find the selling price of goods if two salesmen claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being Rs. 100 and selling price being the same in both the cases.

TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

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Solution illustration 1
Final Answer: Option A - Rs. 2000
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Find the selling price of goods if two salesmen claim… - Profit and loss (Mathematics) Solved Question