Multiple Choice Questions on By selling an article at Rs 800 shopkeeper makes a profit of 25 At what price should he sell the art........... for CDS Exam Preparation

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Multiple Choice Questions

By selling an article at Rs 800 shopkeeper makes a profit of 25 At what price should he sell the art...........

Quantitative Aptitude (CDS) Profit and loss
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    By selling an article at Rs.800 shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

    660
     

    Incorrect Answer

    480
     

    Correct Answer

    510

     

    Incorrect Answer

    420

    Incorrect Answer
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    Explanation:

    S.P.=Rs.800, profit=25%
    C.P.=S.P.×100/(100+P% )=800×100/(100+25)
    Now, C.P.=Rs.640
    Loss=25%=25% of Rs.640=Rs.160
    Thus, S.P.=C.P.-loss=640-160
         = Rs.480

    By: bhavesh kumar singh
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