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Question

Quantitative Ability and Data Interpretation Question on Profit and Loss

A man purchased a TV and fridge. If the price of TV is 150% of price of fridge then price of fridge is what percentage of the total cost of TV and fridge?

A

30

B

40

C

45

D

50

Answer

40

Explanation

Solution

Let the price of the fridge be FF. Then the price of the TV is 1.5F1.5F.
The total cost of the TV and fridge is:
F+1.5F=2.5FF + 1.5F = 2.5F
The percentage of the total cost that is the price of the fridge is:
F2.5F×100%=12.5×100%=40%\frac{F}{2.5F} \times 100\% = \frac{1}{2.5} \times 100\% = 40\%
Thus, the price of the fridge is 40% of the total cost of the TV and fridge.