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<html><body><h2 id="content-id-8579321406-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Rbi Assistant Exam and the type of question asked in Rbi Assistant exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-3682105947-3"><b>Question On Profit And Loss </b></h2>The cost price of an article is x. It is sold at a profit of 20%. If the cost price was (x - 20) and it was sold for â&#130;¹30 less, the loss would have been 10%. Find the value of (x + 20).
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 38 Seconds </h3></div></div><h2 id="content-id-1347598026-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>75</p>
</li><li><p>80</p>
</li><li><p>70</p>
</li><li><p>40</p>
</li><li><p>60</p>
</li></ol> <h2 id="content-id-2048691735-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>Option 5</strong> i.e. <strong>60</strong>.</p>

<p>Cost Price = x</p>

<p>Profit = 20% ⇒ Selling Price = 1.2x</p>

<p>New Cost Price = (x − 20)</p>

<p>New Selling Price = 1.2x − 30</p>

<p>Loss = 10% ⇒ Selling Price = 0.9(x − 20)</p>

<p>So,</p>

<p>1.2x − 30 = 0.9(x − 20)</p>

<p>1.2x − 30 = 0.9x − 18</p>

<p>1.2x − 0.9x = −18 + 30</p>

<p>0.3x = 12</p>

<p>x = 40</p>

<p>Required value = x + 20 = <strong>60</strong></p>
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The correct answer is Option 5 i.e. 60. - Profit And Loss Questions are asked in Rbi Assistant exams and your question has been explained by experts like Neetu Mam.

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