Multiple Choice Questions on A trader buys some goods for Rs 150 If the overhead expenses be 12 of the cost price at what price s........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A trader buys some goods for Rs 150 If the overhead expenses be 12 of the cost price at what price s...........

Quant (SSC) Profit and loss
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    A trader buys some goods for Rs. 150. If the overhead expenses be 12% of the cost price, at what price should it be sold to earn 10%?

    Rs. 184.80

    Correct Answer

    Rs. 185.80

    Incorrect Answer

    Rs. 187.8

    Incorrect Answer

    Rs. 188.80

    Incorrect Answer
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    Explanation:

    Total CP = (CP + Overhead expenses)
    = ? (150 + 12% of 150)
    =  ?(150 + 12/100 x 150) =  ? 168
    Given that gain = 10%
    ∴ SP = ?(110/100 x 168)
    = ? 184.80

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