Question : If a craftsman were to sell a table at INR 1,300, he would lose 35%. To gain 30%, he would sell it for:
Option 1: INR 2,600
Option 2: INR 2,500
Option 3: INR 2,300
Option 4: INR 2,400
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: INR 2,600
Solution :
Given: If the craftsman sells the table for INR 1,300 and incurs a loss of 35%, it means that 65% (100% - 35%) of the cost price is INR 1,300.
Let the cost price be CP.
65% of CP = INR 1,300
Now, to gain 30%, the craftsman should sell the table for 130% of the cost price.
The selling price (SP) to gain 30%.
SP = 130% of CP = 2 × 1300 = INR 2,600
Hence, the correct answer is INR 2,600.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
