Home » Aptitude » Profit and Loss » Question
  1. A table is sold at Rs. 1,800 at a loss of 10%. At what price should it be sold to earn a profit of 15%?
    1. $ 2,070
    2. $ 1,890
    3. $ 2,000
    4. $ 2,300
Correct Option: D

Let C.P. of table = Rs. y .
According to question,

y × 90
= 1800
100

⇒ y =
1800 × 100
= Rs. 2000
90

For a profit of 15%,
S.P. =
2000 × 115
= Rs. 2300
100

We can find required answer with the help of given formula :
S.P. = $ 1800 , Loss%= 10%
C.P. = S P
100
100 - loss%

C.P. = 1800
100
100 - 10

C.P. =
180000
= Rs. 2000
90

Now New S.P. = C.P.
100 + profit%
100

New S.P. = 2000
100 + 15
100

New S.P. = 2000×
115
= Rs. 2300
100



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