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Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-3

  • question_answer
    The profit earned after selling an article for Rs. 1516 is the same as loss incurred after selling the article for Rs. 1112. What is the cost price of the article?

    A)  Rs. 1314

    B)  Rs. 1343

    C)  Rs. 1414

    D)  Rs. 1434

    E)  None of these

    Correct Answer: A

    Solution :

    [a] Let the cost price of the article be Rs. x. According to the question, \[1516-x=x-1112\] \[\Rightarrow \]   \[2x=1516+1112=2628\] \[\Rightarrow \]   \[x=\frac{2628}{2}=Rs.\,1314\]


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