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    Question

    An article sold for Rs. 140.60 yields a 48% profit. To

    achieve a 64% profit, what should be the new selling price?
    A Rs. 187.40 Correct Answer Incorrect Answer
    B Rs. 153.40 Correct Answer Incorrect Answer
    C Rs. 155.80 Correct Answer Incorrect Answer
    D Rs. 151.20 Correct Answer Incorrect Answer

    Solution

    Cost price of the article = 140.6 ÷ 1.48 = Rs. 95 So, selling price of the article when selling at 64% profit = 95 X 1.64 = Rs. 155.8

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