A person by selling an article for Rs. 180 loses 10%. In order to make a profit of 10% at what price he must sell?
PPSC 5 Years Past Papers Subject Wise (Solved with Details) / All — Multiple-choice practice
- A. 340
- B. 250
- C. 220
- D. 200
Correct answer
220
Explanation
Explanation Given, Loss =10 % => CP CP−SP ×100=10 => CP CP−180 ×100=10 =>CP−180=0.1CP =>0.9CP=180 =>CP=200 To make a profit of 10 %, he must sell it at SP=CP+10 % of CP =200+20=Rs. 220
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