Multiple Choice Questions on By selling a TV for Rs 20855 a dealer suffers a loss of 3 at what price should he sell it to gain 7 ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

By selling a TV for Rs 20855 a dealer suffers a loss of 3 at what price should he sell it to gain 7 ........

Quant (SSC) Profit and loss
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    By selling a TV for Rs.20855, a dealer suffers a loss of 3%, at what price should he sell it to gain 7% ?

    Rs.23,500

    Incorrect Answer

    Rs.23,005

    Correct Answer

    Rs.22,750

    Incorrect Answer

    Rs.24,200

    Incorrect Answer
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    Explanation:

    SP = 97/100 * CP
    CP = 20855*100/97 = 21500
    Gain 7%
    New SP = 21500*107/100 = 23005

    By: Amit Kumar
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