Multiple Choice Questions on A person sold an electronic watch at Rs 96 in such a way that his percentage profit is same as ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A person sold an electronic watch at Rs 96 in such a way that his percentage profit is same as ...........

Quantitative Aptitude ( CCS) Profit and loss
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    A  person sold an electronic watch at Rs. 96 in such a way that his percentage profit is same as the cost price of the watch . If he sells it at twice the percentage profit of its previous percentage then find the new selling price.

     Rs.132

    Correct Answer

    Rs.120

    Incorrect Answer

    Rs.123

    Incorrect Answer

    Rs.100

    Incorrect Answer
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    Explanation:

    SP = x + (x*x)/100 = 96%
    => x = 60
    New , SP = 60+(60*120)/100 = Rs. 132

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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