📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    By selling an article for 2640, a person loses 15% of

    its selling price. At what price (in RS) should he sell it to gain 15% on its cost price?
    A 2835 Correct Answer Incorrect Answer
    B 3832 Correct Answer Incorrect Answer
    C 836.60 Correct Answer Incorrect Answer
    D 3491.40 Correct Answer Incorrect Answer

    Solution

    SP of an article = Rs.2640 According to the question, => 0.15 = (CP – 2640)/2640 => CP = 396 + 2640 = Rs.3036 Gain% = 15% = (SP – 3036)/3036 => 3036 + 0.15 × 3036 => 3036 + 455.4 => 3491.4

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question