Home » Aptitude » Profit and Loss » Question
  1. A sells an article to B making a profit of (1 / 5) of his outlay. B sells it to C, gaining 20%. If C sells it for $ 600 and incurs a loss of (1 / 6) of his outlay, the cost price of article for A is
    1. $ 600
    2. $ 500
    3. $ 720
    4. $ 800
Correct Option: B

If the C.P. for A be $ x, then
From the question ,
= 600

⇒ x ×
6
×
6
×
5
= 600
556

⇒ x =
600 × 5
= $ 500
6



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