Question

The price of a pen and a pencil is Rs 35. The pen was sold at a 20% profit and the pencil at a 10% loss. If in the transaction a man gains Rs 4. How much is cost price of the pen?

• A. Rs 10
• B. Rs 25
• C. Rs 20
• D. None of these

Answer 1

The correct option is B Rs 25

Solve using options as that would be the best was to tackle this question. Option (b) fits the situation perfectly as if we take the price of the pen as Rs 25, the cost of the pencil would be Rs 10. The profit in selling the pen would be Rs 5 while the loss in selling the pencil would be Rs 1. The total profit would be Rs 4 as stipulated by the problem.