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Railways Sample Paper RRB (Assistant Loco Pilot & Technician) Sample Test Paper-2

  • question_answer
    A man bought a second hand typewriter for Rs 2400 and spent Rs 400 on its repair. He sold it for Rs 2560 Find his loss or profit percent.

    A)   \[8\frac{4}{7}\]                       

    B)  \[5\frac{7}{4}\]

    C)  \[8\frac{4}{7}%\]             

    D)       \[5\frac{7}{4}\]

    Correct Answer: C

    Solution :

     Cost price includes overhead expenses also. Therefore, C.P. = Rs  \[(2400+400)\] = Rs 2800 and S.P. = Rs 2560. Since, S.P.< C.P., There is a loss. Loss = C.P. - S.P. = Rs \[(2800+2560)\] = Rs 240. Loss percent = Loss/(C.P.) \[\times \] 100 \[=(240/2800)\times 100\] \[=(240\times 100)/2800=60/7\]              \[=8\frac{4}{7}%\]


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