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: 31

Last Update: May 29, 2008

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May 21, 2005 07:49:59

#1

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

#2

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

#3

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

#4

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

#5

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

#6

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

#7

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

#8

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

#9

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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