Question

A merchant sold an article at a loss of 12%. If the cost

Q: A merchant sold an article at a loss of 12%. If the cost price was increased by 20% and the article

Lettheoriginalcostpricebe100Sellingpricewithalossof1210012of10088Newcostprice10020of100120Sellingpricewithaprofitof1212012of1201344Percentageincreaseinsellingprice13448888100527CorrectOptionb

price was increased by 20% and the article was sold at a profit of 12%, find the percentage increase in the selling price.

A 45.3%

B 52.7%

C 40%

D 62.7%

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Management Aptitude Test (MAT)

Question

A merchant sold an article at a loss of 12%. If the cost

Solution

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