New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Mr. Kiran sold a bus for Rs. 18,700 at a loss of 15%. At what price should the bus be sold to get a profit of 15% ?

    A Rs. 25,523 Correct Answer Incorrect Answer
    B Rs. 25,522 Correct Answer Incorrect Answer
    C Rs. 25,300 Correct Answer Incorrect Answer
    D Rs. 25,521 Correct Answer Incorrect Answer

    Solution

    SP = Rs 18700 loss% = 15% CP = 18700 x 100/85 = Rs 22000 SP at 15% profit = 22000 x 115% = 25300

    Practice Next

    Relevant for Exams: