When an article is sold for Rs 355 there is a...

Home / Arithmetic Ability / Profit And Loss / Question

Examveda

When an article is sold for Rs. 355, there is a loss of 29%. To gain 21%, it should be sold for:

A. Rs. 605

B. Rs. 629.20

C. Rs. 635

D. Rs. 580.80

Answer: Option A

Solution (By Examveda Team)

$$\eqalign{ & 355 \times \frac{{100}}{{71}} = {\text{Cost price}} \cr & {\text{Sale price}} = 355 \times \frac{{100}}{{71}} \times \frac{{121}}{{100}} = 605 \cr} $$

This Question Belongs to Arithmetic Ability >> Profit And Loss

Join The Discussion

Related Questions on Profit and Loss

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56

B. 45 : 51

C. 47 : 56

D. 47 : 51

View Answer

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A. Rs. 2600

B. Rs. 2700

C. Rs. 2800

D. Rs. 3000

View Answer

A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains

B. A makes a profit of 11%

C. A makes a profit of 20%

D. B loses 20%

View Answer

A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was:

A. Rs. 3,750

B. Rs. 3,250

C. Rs. 2,750

D. Rs. 2,250

View Answer