There would be a loss of 10% if an article is sold for 43.20. At what price should it be sold to gain 10% ?

A. Rs. 48.80

B. Rs. 52.80

C. Rs. 56.20

D. Rs. 56.80

Answer: Option B

Solution(By Examveda Team)

After selling for Rs. 43.20, it gives a loss of 10%
90% → 43.20
Selling Price
$$ = \frac{{43.20}}{{90}} \times 100 \times \frac{{110}}{{100}}$$
for gaining 10% profit = 52.80