Ravi sold a bicycle for ₹4200 at a 5% profit. What should be the selling price of the bicycle to gain a 15% profit?
Show answer & explanation
Correct answer: B
Explanation
105% = 4200
1% = 4200 / 105 = 40
115% = 40 × 115 = ₹4600
SSC CHSL - 19 Nov 2025 - Shift 1 • Quantitative Aptitude • Q75
Ravi sold a bicycle for ₹4200 at a 5% profit. What should be the selling price of the bicycle to gain a 15% profit?
Correct answer: B
Explanation
105% = 4200
1% = 4200 / 105 = 40
115% = 40 × 115 = ₹4600