Multiple Choice Questions on Varun sold an item for 6 384 and incurred a loss of 30 At what price should he have sold the item to........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Varun sold an item for 6 384 and incurred a loss of 30 At what price should he have sold the item to...........

Quant (SSC) Profit and loss
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    Varun sold an item for ? 6,384 and incurred a loss of 30%. At what price should he have sold the item to have gained a profit of 30% ?

    14656

    Incorrect Answer

    11856

    Correct Answer

    13544

    Incorrect Answer

    Cannot be determined

    Incorrect Answer
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    Explanation:

    Let the cost price of the article be x
    According to the question, we get
    70% of x = 6384
    X = 6384/70 x 100 = 9120
    Reqd profit % = 130% of 9120  =  ? 11,856

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