Aptitude - By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less,

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By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, he would have been losing 10%. What is the cost price?

Total Answers and Comments: 32

Last Update: October 31, 2008

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Submitted by: abc

the cost price should be Rs. 40

Above answer was rated as good by the following members:
ganesh.banothu, shivanath, anoopmac, jasdeep1111, chaitu038

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May 21, 2005 07:49:59

abc

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

the cost price should be Rs. 40

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May 26, 2005 09:41:39

suresh

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

CP should be 400Rs.

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June 11, 2005 05:22:31

rajasekaran

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

answer :-

the cost of this is:-

total percentage is 100 .
but loss is 10
so (100-10) 90 .
the cot sold is Rs. 80
then
( 90*80) / 100
Rs.72

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June 11, 2005 05:27:10

rajasekara

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

the answer is :-

Rs.800.

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June 28, 2005 03:01:37

Arvind

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

Let X be the original price of the product.
If the product is sold at Rs. 80 less then original price he would suffer 10 loss.
So it will be
(x-80) x-10x/100
or
x-800 9x/10
or
10x-9x 800
or
x 800

So the original sot of product is Rs. 800
and
Selling price is (10 in profit)
Rs. 880

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July 05, 2005 01:31:04

nitin

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

ans is 400

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July 05, 2005 04:45:11

Deepti

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

The correct answer for this is:
Let CP x
!st SP x+10 ofx 11x/10
2nd SP x-10 ofx 9x/10

11x/10-9x/10 80
x 400
CP 400

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July 20, 2005 12:23:28

tutu

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

10 is given on SP not CP therfore ans 400 is wrong ...answer cannot be determined

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July 27, 2005 05:37:09

nimmi

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

(100+gain ):SP (100-loss ):(SP-80)
solving SP 440.
CP 100*440/(100+10) (100*440)/110 400.
therefore cost price Rs.400

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September 07, 2005 09:56:08

#10

deepak

RE: By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, ...

Answer :Rs.800

let the Cost Price of the product be x.
on selling for 10 gain : 1.1*x
Selling for Rs.80 less : x-80 0.9*x
0.1*x 80
and so x Rs.800

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