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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    Raj sold an item for Rs. 6384 and incurred a loss of 30%. At what price should he have sold the item to have gained a profit of 30%?

    A) Rs. 14656

    B)        Rs. 11856

    C) Rs. 13544

    D)        Cannot be determined

    Correct Answer: B

    Solution :

    [b] \[\because \]r = 30%, R = 30% and A = Rs. 6384 Now, SP of an item \[=A\times \left( \frac{100+R}{100-r} \right)\] \[=\frac{6384\times (100+30)}{(100-30)}\] \[=\frac{6384\times 130}{70}\] = Rs. 11856


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