Multiple Choice Questions on A person sold a article at a loss of 10 Had he bought it for 20 less and sold it for Rs 176 more he ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A person sold a article at a loss of 10 Had he bought it for 20 less and sold it for Rs 176 more he ...........

Quantitative Aptitude ( CCS) Profit and loss
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    A person sold a article at a loss of 10%. Had he bought it for 20% less and sold it for Rs. 176 more, he would have made a profit of 40%. The cost price of the article was

    Rs 800

    Correct Answer

    Rs 750

    Incorrect Answer

    Rs 830

    Incorrect Answer

    Rs 780

    Incorrect Answer
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    Explanation:

    Solution:
    First 20% less made 40% profit
    =-20 + 40 –(20*40)/100
    =-28+40=12%.
    Then 12% + loss 10% (12+10)
    22…………. 176
    100……….. ==> Rs800.

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