A salesman has the liberty to sell a hair dryer in his store at a price between ₹300 and ₹700. Profit earned by selling the hair dryer for ₹650 is twice the loss incurred when it is sold for ₹350. What is the cost price of the hair dryer?

Aptitude and Reasoning MCQ Questions with Solutions

A salesman has the liberty to sell a hair dryer in his store at a price between ₹300 and ₹700. Profit earned by selling the hair dryer for ₹650 is twice the loss incurred when it is sold for ₹350. What is the cost price of the hair dryer?

A) ₹550
B) ₹450
C) ₹350
D) ₹150

Answer & Description:

B) ₹450

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