Aptitude - If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20% .What is the c

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If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20% .What is the cost price of fan

Total Answers and Comments: 22

Last Update: March 08, 2008

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Submitted by: suresh

500

Above answer was rated as good by the following members:
imajination, Shwethascar

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May 30, 2005 09:21:43

suresh

RE: If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20% .What is the c...

500

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July 02, 2005 17:14:48

Mubeen

RE: If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20% .What is the c...

The question should be the loss increases to 20 and not loss increases by 20 as these two have two completely different meaning.
the former has an answer of 500
where as the latter is undeterminable as a 20 decrease to produce 20 loss cost has to be 100.

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July 07, 2005 04:47:04

kavita kanyal

RE: If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20% .What is the c...

Question is right:-

Ans : 500

previous loss x-400 ( while selling price is 400)

while selling price is 380:
loss x-380

age of loss increased
( 2nd loss - 1st loss)*100/(1st loss)
> (x-380-x+400)*100/(x-400) 20
> 20*100/(x-400) 20
> 100 x-400
>x 500

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January 27, 2006 02:16:17

advitiya garg

RE: If a man reduces the selling price o...

Answer is 600

process

wgen x is purchaging prise

1. loss x-400

2. loss*120/100 x-360

calculate both two

(x-400) *120/100 x-360

5x-1800 6x -2400

ans x 600

Cross checking

if x 600

than when sell prise is 400

than loss 200/600*100 33.33

when sell prise is 360

then loss 240/600*100 40

Incresed loss 40-33.33/33.33*100 20

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February 09, 2006 01:31:30

Green_bean

RE: If a man reduces the selling price o...

First set cost and profit loss to be x and y respectively.x+y 400 ----(1) if selling price 380 then profit loss is increased by 20 (1.2*y) hence x+1.2y 380 -------(2).solve (1) and (2)x 500

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March 25, 2006 09:17:53

pkaneria

Member Since: March 2006 Contribution: 13

RE: If a man reduces the selling price o...

we have (c-380) 1.2 * (c-400) which gives

0.2 c 1.2 * 400 - 380 480 - 380 100

therefore c 100 * 5 500 where c cost of the fan.

to verify

loss at 380 500 - 380 120

loss at 400 100.

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July 24, 2006 16:10:33

sandeepy

Member Since: July 2006 Contribution: 3

RE: If a man reduces the selling price o...

no guys its 50/0.2 500/2 250.......plz check it out........

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November 10, 2006 03:06:41

balaganesh k

RE: If a man reduces the selling price o...

Say 400 500-100

380 X -120

380+120 x

X 500

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March 28, 2007 10:58:57

neha

RE: If a man reduces the selling price o...

THE ANSWER WILL BE 475

If an article is sold at the loss of 20 then S.P 80 of C.P

S.P 380

Now

380 80/100 * C.P

380 *100/80 C.P

THEREFORE C.P 475

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March 28, 2007 13:50:13

#10

ARPIT

RE: If a man reduces the selling price o...

LOOK GUYS
WE KNOW THAT
AFTER REDUCING PRICE OF FAN FROM 400-380 HE GET A LOSS OF 20
SO
WE GET LOSS OF 20 ON 380
SO
380+20 OF 380 456

ANS 456

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