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AFCAT II 2017 Solved Paper
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© examsnet.com
Question : 59
Total: 100
A shopkeeper sell a watch for Rs. 575 and makes a profit of15%, he sells a different watch at a loss of 10%. Over all, he neither gains nor loses. What is cost price of the second watch?
550
625
650
750
Validate
Solution:
Man gets
15
%
profit on first watch.
⇒
C.P. of
1
st
watch
=
100
100
+
Profit
%
×
S
.
P
=
100
100
+
15
×
575
=
RS
500
Therefore, profit on
1
st
watch = 575 - 500 = RS 75 .
So, the loss on second watch is Rs. 75 .
Loss
%
=
10
%
Loss
%
=
Loss
C.P
×
100
⇒
10
=
75
C.P.
×
100
⇒
10
=
7500
C.P.
⇒
C.P.
=
Rs. 750
Thus cost price of second watch is Rs. 750 .
© examsnet.com
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