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Question

Quantitative Aptitude Question on Profit and Loss

A trader purchases a watch and a wall clock of Rs. 390. He sells them making a profit of 10%\% on the watch and 15%\% on the wall clock. He earns a profit of Rs. 51.50. The difference between the original prices of the wall clock and the watch is equal to

A

Rs. 110

B

Rs. 100

C

Rs. 80

D

Rs. 120

Answer

Rs. 110

Explanation

Solution

So the sum of the profit on the watch and the wall = Rs. 51.50
Now the profit on the watch = (10%\%) X
And the profit on the wall clock = (15%\%) (390 – X)
Therefore,
(10$$$%)X+(15) X + (15%)(390X)=51.50Nowsimplifytheaboveequationwehave,) (390 – X) = 51.50 Now simplify the above equation we have, ⇒ \frac{10}{100}X+\frac{15}{100}(390-X)=51.500.1X+0.15(390)-0.15X=51.50-0.05X+58.5=51.500.05X=58.5-51.5=7X=70.05=140$
So the cost price of the watch is 140 Rs.
And the cost price of the wall clock = (390 – 140) = 250 Rs.
Now the difference of the original prices of the wall clock and the watch is
Therefore, (250 – 140) = 110 Rs.
The correct option is (A): Rs. 110