Shubhangi purchases two bags for Rs.840. She sells one bag at 12 % profit and…

2025

Shubhangi purchases two bags for Rs.840. She sells one bag at 12 % profit and the other bag at 8 % loss. She neither gains nor loses. Calculate the cost amount of each bag.

Answer: A. 336, 504Key idea: use algebra to express the no-gain/no-loss condition and solve for the costs. Let the cost of the first bag be x and the second bag be y. Then x + y…

  1. A.

    336, 504

  2. B.

    330, 500

  3. C.

    256, 345

  4. D.

    None

Attempted by 40 students.

Show answer & explanation

Correct answer: A

Key idea: use algebra to express the no-gain/no-loss condition and solve for the costs.

  • Let the cost of the first bag be x and the second bag be y. Then x + y = 840.

  • Selling price of the first bag = 1.12x (12% profit). Selling price of the second bag = 0.92y (8% loss).

  • No gain/no loss implies 1.12x + 0.92y = 840.

  • Substitute y = 840 - x into the equation: 1.12x + 0.92(840 - x) = 840.

  • Simplify: 1.12x + 772.8 - 0.92x = 840 → 0.20x = 67.2 → x = 336.

  • Then y = 840 - 336 = 504.

  • Therefore, the costs of the two bags are 336 and 504.

Explore the full course: Deloitte Nla

Loading lesson…