Question

    A loss of 15% is made by selling an article. Had it been sold for Rs.75 more, there would have been a profit of 10%. What would be the selling price of the article if it is sold at 20% profit?

    A 360 Correct Answer Incorrect Answer
    B 363 Correct Answer Incorrect Answer
    C 427 Correct Answer Incorrect Answer
    D 464 Correct Answer Incorrect Answer

    Solution

    CP of an article = 75 ×100/[10 – (-15)] = Rs.300 SP at 20% profit = (120/100)×300 = Rs.360

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