Question
A shopkeeper sold a jacket for Rs. 3000 at a loss of
20%. At what price should he have sold the jacket, to earn a profit of 20%?Solution
Let CP = Rs. x => SP = (100-20)% × x => 3000 = (80/100) × x => x = 3750 CP = Rs. 3750 Profit = 3750 × (20/100) = Rs.750 SP = CP + Profit SP = 3750 + 750 = Rs.4500
More Profit and loss Questions
- A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___
