Multiple Choice Questions on The percentage profit earned by selling an article for Rs 2120 is equal to the percentage loss incur........... for NABARD Assistant Manager Exam Preparation

Profit and loss

Quantitative Aptitude (Phase-1)

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Indian Economy - Understanding the basics of Indian economic system

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    The percentage profit earned by selling an article for Rs. 2120 is equal to the percentage loss incurred by selling the same article for Rs. 1520. At what price should the article be sold to make 25% profit?

    Rs2275

    Correct Answer

    Rs2100

    Incorrect Answer

    Rs2650

    Incorrect Answer

    Rs2400

    Incorrect Answer
    Explanation:

    The CP be
    2120+1520=3640
    3640/2=1820.
    SP=1820*125/100=1820*5/4
    =Rs2275


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