Question

    If there is a loss of 25% on selling the article at 9/14

    of the original selling price then what will be the percentage profit after selling the article at original selling price?
    A 16.66% Correct Answer Incorrect Answer
    B 15.55% Correct Answer Incorrect Answer
    C 11.11% Correct Answer Incorrect Answer
    D 10.26% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the original selling price be Rs. 14x New selling price = (9/14) × 14x = Rs. 9x Now, cost price of the article = 9x/0.75 = Rs. 12x Required profit percent = [(14x – 12x)/12x] × 100 = 16.66%

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