Two shopkeepers Jagan and Rex have 30 cars in their showrooms. Both sell their cars at different prices, but receive the same amount. If Jagan had sold his cars at Re x’s price, he would have received Rs. 32 lakh. If Rex had sold his cars at Jagan’s price, he would have received Rs. 24.5 lakh. At what price did Rex sell each of his cars?

Question

Two shopkeepers Jagan and Rex have 30 cars in their showrooms. Both sell their cars at different prices, but receive the same amount. If Jagan had  sold his cars at Re x’s price, he would have received Rs. 32 lakh. If Rex had sold his cars at Jagan’s price, he would have received Rs. 24.5 lakh. At what price did Rex sell each of his cars?

Examsnet · Accepted Answer

Correct Answer is :  Rs. 2.0 lakh

IBPS Clerk Prelims Model Paper 23