Anand wanted to sell a watch at a 10 profit but be actually sold at a 10 loss for Rs360 At what pric...........

Quantitative Aptitude (MTS) Profit and loss

Anand wanted to sell a watch at a 10% profit, but be actually sold at a 10% loss for Rs360. At what price did be want to sell it to

earn the profit?

This questions was previously asked in

SSC MTS 22nd July 2022 Shift-1

Rs360

Rs400

Rs340

Rs440

- Anand sold the watch for Rs360 at a 10% loss.

- This means the selling price at a 10% loss is Rs360.

- Let's calculate the cost price (CP).

- If Rs360 represents a 10% loss: CP = 360 / (1 - 0.10) = Rs400.

- Anand wanted a 10% profit, so selling price for a profit = 400 * (1 + 0.10) = Rs440.

- Observing the options:

- Option 1: Rs360 – This is the selling price at a loss, not profit.

- Option 2: Rs400 – This is the cost price, not the selling price at profit.

- Option 3: Rs340 – This is irrelevant since it's neither CP nor the required SP.

- Option 4: Rs440 – Correct selling price for a 10% profit.

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