By selling an article for ₹7281, a man loses 10%. At what price (in ₹) should he sell it in order to make a profit of 10%?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 8899
Let CP be Rs. x
Loss = 10% when SP = Rs. 7281
Loss% =
10 =
10x = 100x - 728100
⇒ 90x = 728100
⇒ x = 8090
So CP = Rs. 8090
Now when gain = 10%
Gain% =
10 =
8090 = 10SP - 80900
⇒ 10SP = 88990
⇒ SP = 8899
So he should sell an article for Rs. 8899 to make a profit of 10%.