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Discussion :: Profit and Loss

  1. A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:
  2. A.
    Rs.50
    B.
    Rs.60
    C.
    Rs.80
    D.
    Rs.90

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    Answer : Option C

    Explanation :

    Let C.P. of clock be Rs. x. 

    Then, C.P. of 90 clocks = Rs. 90x.


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