Profit and loss

Quantitative Aptitude ( CCS)

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By selling a basket for Rs.19.50, a shopkeeper gains 30%. For how much should he sell it, to gain 40%?

Rs.21

Rs.21.50

Rs.24

Rs.23

Explanation:

C.P × 130% = 19.50
C.P = 19.50 × 100/130
Required S.P = 19.50 × 100/130 ×140/100 = 21

By: Deepak Dawra

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