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

  • question_answer
    Dipankar sold an item for Rs. 6150 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 25%?

    A) Rs. 8200

    B) Rs. 9850

    C) Rs. 1025

    D) Cannot be determined

    Correct Answer: C

    Solution :

    [c] \[\because \]A = Rs. 6150, r = 25% and R = 25% \[\therefore \] Price or an item \[=A\left( \frac{100+R}{100-r} \right)\] \[=6150\left( \frac{100+25}{100-25} \right)=\frac{6150\times 125}{75}\]             = Rs. 10250


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