📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Profit percentage received on a product when sold for

      Rs.450 is equal to the percentage loss incurred when the same product is sold for Rs.300. Find the selling price of the product if the shopkeeper wants to have a profit of 20%.
      A Rs.486 Correct Answer Incorrect Answer
      B Rs.540 Correct Answer Incorrect Answer
      C Rs.450 Correct Answer Incorrect Answer
      D Rs.582 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the cost price of the article be Rs.x. According to the question, => 450 – x = x – 300 => 2x = 750 => x = 375 Selling price of the product at profit of 20% = 375 x 1.2 = Rs.450

      Practice Next
      More Profit and loss Questions
      ask-question