A cycle was sold for Rs4 140 with a profit of 15 At what price could it have been sold to earn a pro...........

Quantitative Aptitude (CGL) Profit and loss

A cycle was sold for Rs4,140 with a profit of 15%. At what price could it have been sold to earn a profit of 25% ?

This questions was previously asked in

SSC CGL 7 June 2019 Shift-3

Rs 4,200

Rs 4,500

Rs 4,850

Rs 4,350

- The selling price of the cycle is Rs 4,140 with a 15% profit.

- To find the cost price, we calculate it using the formula:

\text{Cost Price} = \frac{\text{Selling Price}}{1 + \frac{\text{Profit Percentage}}{100}} = \frac{4140}{1.15} = Rs 3,600

- For a 25% profit, use the new formula:

\text{New Selling Price} = \text{Cost Price} \times (1 + \frac{25}{100}) = 3600 \times 1.25 = Rs 4,500

- Option 2: Rs 4,500 is the correct answer.

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