Profit And Loss Ques 2
Question.
An article was sold for $ \text{₹} 5220$ at a loss of $42 \%$ of the cost price. What will be the selling price of the article for a profit of $42 \%$ ?
(1) ₹ 12580
(2) ₹ 17280
(3) ₹ 12780
(4) ₹ 15280
(5) None of these
(Corporation Bank Specialist Officer (Marketing) Exam. 22.02.2014)
Show Answer
Correct Answer: (3)
Solution: (3)
C.P. of article $=5220 \times \frac{100}{(100-42)}$ $=\frac{5220 \times 100}{58}= \text{₹} 9000$
$\therefore$ Required S.P. $=\frac{9000 \times 142}{100}= \text{₹} 12780$
BETA
