A shopkeeper loses 15%,if an article is sold for Rs.
A shopkeeper loses 15%,if an article is sold for Rs. 170. What should be the selling price of the article to gain 20%?
Answer/Solution
s.240
Steps/Work
Given that SP = Rs. 170 and loss = 15%
CP = [100(SP)]/(100 - l%) = (100 * 170)/85 = 20 * 6
= Rs. 200.
To get 20% profit, New SP = [(100 + p%)CP]/100
= (200 * 120)/100
= Rs.240
Answer:C
CP = [100(SP)]/(100 - l%) = (100 * 170)/85 = 20 * 6
= Rs. 200.
To get 20% profit, New SP = [(100 + p%)CP]/100
= (200 * 120)/100
= Rs.240
Answer:C