New 55% Off on All Courses - Enroll Now! Click Here

    Question

    A shopkeeper purchased three items 'X', 'Y', and 'Z' at

    the same price. He sold item 'X' at a 10% profit, item 'Y' at a 15% loss, and item 'Z' at a 30% profit. If he earns an overall profit of Rs. 570, then find the selling price of item 'Y'.
    A Rs.1938 Correct Answer Incorrect Answer
    B Rs.1615 Correct Answer Incorrect Answer
    C Rs.2515 Correct Answer Incorrect Answer
    D Rs.3615 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of each item be Rs. '100z'. So, the total cost price of 'X', 'Y' and 'Z' together = 3 X 100z = Rs. '300z' ATQ, (0.10 - 0.15 + 0.30) X 100z = 570 Or, 'z' = (570/25) = 22.8 Therefore, the selling price of 'Y' = 0.85 X 100z = 85 X 22.8 = Rs. 1938

    Practice Next

    Relevant for Exams: