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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • A man sell 35 waffers for Rs. 15 each and loses Rs. 40.4. If he sells 35 waffers for Rs. 18, how much does he loss or gain ?


  • Options
  • A. Rs. 64
  • B. Rs. 52
  • C. Rs. 72
  • D. Rs. 55

  • Correct Answer
  • Rs. 64 

    Explanation

    Given Loss = Rs. 40.4
    We know loss = cost price - selling price
    40.4 = CP - 35(15)
    => CP = 40.4 + 525
    => CP = Rs. 565.4
    Now the New selling price of waffer is Rs. 18
    => SP = 35(18) = 630
    Now Gain = SP - CP = 630 -565.4 = Rs. 64.6.

  • Tags: AIEEE, Bank Exams, CAT, GATE, GRE, Bank Clerk, Bank PO

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