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CLAT Sample Paper CLAT Sample Paper-12

  • question_answer
    By selling a colour TV for Rs 23520, a dealer suffers a loss of 4%. What is the cost price of the colour TV and at what price should he sell it to gain 8%?

    A)  Rs 24230                     

    B)  Rs 26460         

    C)  Rs 27480         

    D)         RR28330

    Correct Answer: B

    Solution :

         SP=96%ofCP            (loss is 4%) \[\therefore \]      \[23520=\frac{96}{1000}\times CP\] Now, gain percentage = 8% \[\therefore \]   New selling price = (100 + 8)% of CP \[=\frac{108}{100}\times 24500=26460\]


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