CAT 2020 Profit & Loss Question (Medium)

Question

A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20 profit and the laptop at 10 loss. If overall he made a 2 profit then the purchase price, in rupees, of the desktop is

Accepted Answer

Step 1 Let the cost price of the desktop be Then, the cost price of the laptop is Step 2 He makes a 20 profit on the desktop Selling price of desktop He makes a 10 loss on the laptop Selling price of laptop Step 3 Overall profit is 2 on Rs 50000 Total selling price So, Step 4 Expand and simplify Fin

CAT 2020

Quantitative

Profit & Loss

Medium

A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20% profit and the laptop at 10% loss. If overall he made a 2% profit then the purchase price, in rupees, of the desktop is

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