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    1. Home
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    3. Quantitative Aptitude
    4. Profit and loss
    5. If by selling an article for Rs. 252 a shopkeeper gains 16%, find its cost. 

    Question

    If by selling an article for Rs. 252 a shopkeeper gains

    16%, find its cost. 
    A Rs.500 Correct Answer Incorrect Answer
    B Rs.300 Correct Answer Incorrect Answer
    C Rs.400 Correct Answer Incorrect Answer
    D Rs.600 Correct Answer Incorrect Answer

    Solution

    SP = Rs. 252, Loss% = 16% CP = (252 x 100)/ 84 = Rs. 300

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