IIM-B (BBA-DBE) 2024 #1Arithmetic > MediumRs. 224Rs. 278Rs. 254Rs. 220✅ Correct Option: 1Related questions:One Trader calculates the percentage of profit on the buying price and another calculates on the selling price. When their selling prices are the same, then the difference of their actual profit is Rs 85 and both claim to have made 20% profit. What is the selling price for each?A goldsmith bought a large solid golden ball at INR 1,000,000 and melted it to make a certain number of solid spherical beads such that the radius of each bead was one-fifth of the radius of the original ball. Assume that the cost of making golden beads is negligible. If the goldsmith sold all the beads at 20% discount on the listed price and made a total profit of 20%, then the listed price or each golden bead, in INR, wasThe sum of the cost prices of three items was ₹24,150₹24,150₹24,150. The person sold the first item at a profit of 72%72\%72%, the second item at a profit of 40%40\%40%, and the third item at a profit of 126%126\%126%. The total profit earned from the sale of these three items was ₹13,942₹13,942₹13,942. If the cost price of the second item was ₹175₹175₹175 more than what it actually was, then the ratio of the cost prices of the second and the third items, respectively, would have been 4:54 : 54:5. What was the difference (in Rs.) between the profits earned from the sale of the first and the second items?