Profit & Loss Mcqs

Q.  I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

a. Rs.28
b. Rs.280
c. Rs.140
d. Rs.70


ANSWER: See Answer
 
x*(85/100) = (480 – x)119/100

x = 280
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