Home » Aptitude » Profit and Loss » Question
  1. By selling an article for $ 700 a man lost 30%. At what price should he have sold it to gain 30 %?
    1. $ 910
    2. $ 1200
    3. $ 1232
    4. $ 1300
Correct Option: D

As per the given in question ,
S.P. of article = $ 700
On 30% loss ,

C.P. of article =
100
× S.P.
100 - Loss%

C.P. of article =
100
× 700 = $ 1000
100 - 30

S.P. for a profit of 30% = 1000 ×
130
= $ 1300
100



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