Challenger App

No.1 PSC Learning App

1M+ Downloads
The percentage profit earned by James by selling an article for ₹1,920, equals the percentage loss suffered by selling it at ₹1,500. What should be the selling price if he wants to earn 10 % profit?

A₹7,000

B₹2,000

C₹4,000

D₹1,881

Answer:

D. ₹1,881

Read Explanation:

The profit earned by selling at ₹1,920 is equal to the loss suffered by selling at ₹1,500. Now, to find the selling price for a 10% profit: Required Selling Price = Cost Price + 10% of Cost Price = x + 0.1x = 1.1x Selling Price = 1.1 * 1710 = ₹1,881.


Related Questions:

A shopkeeper sells an item for ₹940.8 after giving two successive discounts of 84% and 44% on its marked price. Had he not given any discount, he would have earned a profit of 25%. What is the cost price (in ₹) of the item?
അരവിന്ദ് ഒരു മേശ 4200 രൂപയ്ക്ക് വാങ്ങി 4410 രൂപയ്ക്ക് വിറ്റു എങ്കിൽ ലാഭശതമാനം എത്ര?
A retailer sold a laptop at ₹27,000 by giving two continuous rebates of 20% and 10%. What is the marked price?
400 chickooes were bought at ₹1250 per hundred and were sold at a profit of ₹800. Find the selling price (in ₹) per dozen of chickooes.
Gill sold two dogs at the same price. In one, he gets a profit of 22% and in the other, he gets a loss of 22%. What is Gill's profit or loss percentage?