Profit And Loss Ques 22
Question.
A car was sold at a loss of $18 \%$. There would have been a profit of $15 \%$, if the car had been sold for Rs. 99,000 more. At what price the car should be sold to make a profit of $10 \%$ ?
(1) Rs. $2,50,000$
(2) Rs. $3,30,000$
(3) Rs. $4,50,000$
(4) Rs. $3,00,000$
(5) Rs. 255000
(IBPS RRBs Officers CWE (Prelim Exam) 09.09.2017 IInd Sitting)
Show Answer
Correct Answer: (2)
Solution: (2)
If the C.P. of car be Rs. $x$,
then $(18+15) \%$ of $x=99000$
$\Rightarrow x \times \frac{33}{100}=99000$
$\Rightarrow x=\frac{99000 \times 100}{33}$ $=$ Rs. 300000
$\therefore$ To gain $10 \%$,
Required S.P. $=$ Rs. $\left(\frac{300000 \times 110}{100}\right)$ $=$ Rs. 330000