When a article is sold for Rs. 291, there is a loss of 3%. What will be the selling price of the article if it is sold at a gain of 8%?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs. 324
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Understanding |
Application |
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When the article is sold for Rs. 291, there is a loss of 3%: Then, CP = 291/0.97 = Rs. 300 |
Selling price of the article if it is sold at a gain of 8% = 300 × 1.08 = Rs. 324 |