A person sold an article for ₹ 136 and incurred 15% loss. Had he sold it for ₹ $$x$$, he would have obtained a profit of 15%. Which one of the following is correct ?
Solution
A person sold an article for ₹ $$136$$ and incurred 15% loss.
Now, cost price of the article = ₹ $$\dfrac{136}{0.85}=160$$
Now, after selling it for ₹ $$x$$, he would have obtained a profit of 15%.
So, $$x=160\times\ 1.15$$ = ₹ $$184$$
So, option B is the correct answer.
Create a FREE account and get:
- All Quant Formulas and shortcuts PDF
- 40+ previous papers with detau solutions PDF
- Top 500 MBA exam Solved Questions for Free
CMAT Quant Questions | CMAT Quantitative Ability
CMAT DILR Questions | LRDI Questions For CMAT
CMAT Verbal Ability Questions | VARC Questions For CMAT
Free CMAT Topicwise Questions
CMAT Functions, Graphs and Statistics
CMAT Banking Computer Knowledge
CMAT Indian National Static GK
CMAT Economic and Social Issues
CMAT Probability, Combinatorics
CMAT Grammar and Sentence Correction
CMAT Data Interpretation Basics
CMAT Logarithms, Surds and Indices
CMAT Innovation and Entrepreneurship