📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    An item is sold for Rs. 2,100 at a loss of 16%. If the

    same item is sold at a profit of 12%, what will be its selling price?
    A Rs.1,200 Correct Answer Incorrect Answer
    B Rs.2,800 Correct Answer Incorrect Answer
    C Rs.3,200 Correct Answer Incorrect Answer
    D Rs.2,250 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Cost price of item = (2,100/0.84) = Rs. 2,500 Required selling price = 1.12 × 2,500 = Rs. 2,800

    Practice Next
    More Previous year papers Questions
    ask-question