Saturday, March 19, 2016

QUESTION OF THE DAY:

An article was sold for `60 for a loss. Had it been sold for `81 the gain amount would have been 3/4th of the former loss amount. What is the cost of the article?
(a) 504 
(b) 144
(c) 72
(d) 172
(e) 141


Answer and Explanation:

In mutiple choice questions, it always helps to analyse the answer options. Here clearly the cost of the article lies between 60 and 81. The only answer option which satisfies this criteria is c. 72.

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