ExamVeda
Login
Home
Profit and Loss
?

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

Answer & Solution
Correct Answer: Option A
$$\eqalign{ & 355 \times \frac{{100}}{{71}} = {\text{Cost price}} \cr & {\text{Sale price}} = 355 \times \frac{{100}}{{71}} \times \frac{{121}}{{100}} = 605 \cr} $$
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.