Profit and loss

Quantitative Aptitude (CGL)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

A loss of 10% is made by selling an article. Had it been sold for Rs 75 more, there would have been a profit of 5%. What would be the selling price of the article if it is sold at 15% profit?

Rs 475

Rs 520

Rs 575

Rs 425

Explanation:

Solution:
Use shortcut for these type of questions:
CP of article = 75 × 100/ [5 – (-10)] (+5 for 5% profit, -10 for 10% loss)
So SP at 15% profit = 115/100 * CP = (115/100) * [75 × 100/15] = Rs 575

By: Pranav Gupta

Profile ResourcesReport error

Trial Period Ended