Question : A man sold his bike for INR 18,600 at 55% profit. At what price would he have sold to incur a loss of 10%?
Option 1: INR 10,800
Option 2: INR 15,000
Option 3: INR 11,200
Option 4: INR 16,600
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 10,800
Solution : Selling price = INR 18,600 Profit = 55% of cost price Cost price = Selling price – profit Cost price = 18600 – 55% of cost price 155% of cost price = 18,600 Cost price = $\frac{18600}{1.55}$ = INR 12,000 Loss = 10% of cost price = 10% × 12000 = 1,200 Selling price = cost price – loss = 12000 – 1200 = INR 10,800 Hence, the correct answer is INR 10,800.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : A man sells his bike for Rs. 1,32,000 earning a profit of 10%. If he had sold it for Rs. 1,26,000, then what is his profit or loss percent?
Question : Anand wanted to sell a watch at a 10% profit, but he actually sold at a 10% loss for INR 360. At what price did he want to sell it to earn a profit?
Question : A person bought an article and sold it at a loss of 10%. If he had bought it for 30% less price and sold it for INR 90 more, then he would have earned a profit of 35%. What is the cost price of the article?
Question : A shopkeeper sold 24 shirts, each at a profit of 20% and 16 shirts, each at a profit of 10%. If he had sold all 40 shirts, each at a profit of 15%, then his overall profit would have been reduced by INR 36. What is the cost price of each shirt?
Question : A purchased a book for INR 1,600. A sold it to B at a loss of 10% and B sold it to C at a loss of 20%. At what price did C purchase this book?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile