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Profit and Loss Practice Test 5
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© examsnet.com
Question : 4
Total: 40
A dealer sold a machine to a shopkeeper at 20% profit. The shopkeeper sold the machine to a customer so as to get 25% profit for himself. The difference between the selling price of the dealer and that of the shopkeeper was found to be Rs. 129. What is the initial price of the machine?
Rs. 410
Rs. 420
Rs. 430
Rs. 440
Validate
Solution:
Let the initial price = Rs. x; then C.P. for dealer
=
120
100
×
x
=
6
5
x
Again, C.P. for shopkeeper
=
125
100
×
6
5
x
=
3
2
x
Now,
3
2
x
−
6
5
x
=
129
⇒
3
10
x
=
129
⇒
x
=
430
© examsnet.com
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