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

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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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