New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper sold a jacket for Rs. 3200 at a loss of

    20%. At what price should he have sold the jacket, to earn a profit of 25%?
    A Rs.4500 Correct Answer Incorrect Answer
    B Rs.5000 Correct Answer Incorrect Answer
    C Rs.6250 Correct Answer Incorrect Answer
    D Rs.3750 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let CP = Rs. x => SP = (100-20)%×x => 3200 = (80/100)×x => x = 4000 CP = Rs. 4000 Profit = 4000×(25/100) = Rs.1000 SP = CP + Profit SP = 4000 + 1000 = Rs.5000

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