A person sells an article at 10 below its cost price Had he sold it for 332 more he would have made ...........

Quantitative Aptitude (CGL) Profit and loss

A person sells an article at 10% below its cost price. Had he sold it for ?332 more, he would have made a profit of 20%. What is the original selling price (in ?) of the article?

996

1328

1028

896

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Explanation:

Let the cost price of article be x.

selling price = 90%x = 0.9x

Now Selling = 0.9x + 332

Profit = 20

0.9x+332

120 × 100

X 100

1.2x = 0.9x + 332

0.3x = 332 x = 332/.3

Selling price = 0.9x = 0.9 × 332/.3 = Rs.996

By: Pradeep Kumar

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A person sells an article at 10 below its cost price Had he sold it for 332 more he would have made ...........

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