Problem: A trader sells a product at a loss of 12.5%. If he sells it at Tk. 30 more than what he does. He makes a profit of 25% on his cost. Find cost of product to the trader.

View all: NATIONAL BANK | OFFICER | RECRUITMENT QUESTION(MATH) SOLVE | 1997

Correct Answer: TK 80

Explanation:

At 12.5% loss, selling price = (100 — 12.5) Tk. = 87.5 Tk.

At 25% profit, selling price would be = (100 + 25) Tk. = 125 Tk.

Difference of selling price = (125 — 87.5) Tk. = 37.5 Tk.

Selling price Tk. 37.5 more when cost price = Tk. 100

Selling price Tk. 30 more when cost price =$\frac{100\cdot30}{37.5}$= 80 Tk.

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