ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    Profit percentage received on a product when sold for

    Rs. 650 is equal to the percentage loss incurred when the same product is sold for Rs. 330. Find the selling price of the product if the shopkeeper wants to have a profit of 30%.
    A Rs. 627 Correct Answer Incorrect Answer
    B Rs. 647 Correct Answer Incorrect Answer
    C Rs. 637 Correct Answer Incorrect Answer
    D Rs. 677 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, 650 тАУ x = x тАУ 330 Or, 2x = 980 Or, x = 490 Selling price of the product at profit of 30% = 490 ├Ч 1.3 = Rs. 637

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question