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

Join The Discussion