Question 114

By selling a table for Rs.2700 a man gets 10% loss, and than at what price (in Rs) should he sell to gain 33$$\frac{1}{3}$$%?

Solution

Selling price = Rs. 2700 and loss % = 10%

=> Cost price = $$\frac{2700}{(100-10)}\times100$$

= $$30\times100=Rs.$$ $$3000$$

Profit % = $$33\frac{1}{3}=\frac{100}{3}\%$$

$$\therefore$$ Selling price = $$3000+(\frac{100}{3\times100}\times3000)$$

= $$3000+1000=Rs.$$ $$4000$$

=> Ans - (D)

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