Question

A person sells his table at a profit of 12 1/2% and the chair at a loss of 8 1/2% but on the whole he gains ₹25. On the other hand if he sells the table at a loss of 8 1/2% and the chair at a profit of 12 1/2% then he neither gains nor loss. Find the cost price of the table​

Answer 1

Answer:

Rs. 300

b)Rs. 240

c)Rs. 360

d)Rs. 420

Correct answer is option 'C'. Can you explain this answer?

Related Test: Test: General Aptitude - 2

GATE Question