Reema sold 48 articles for Rs.2,160 and suffered a loss of 10%. How many articles should she sell for Rs.2,016 to earn a profit of 12%?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e 36
Explanation:
Selling price of 48 articles when loss of 10% = 2160
Cost price of 48 articles = 2160/90 × 100 = 2400
Cost price of 1 article = 2400/48 = 50
Selling price of when profit of 12% = 2016
Cost price = 2016/112 × 100 = 1800
Number of articles = 1800/50 = 36