Profit and Loss Practice Test 1

Question : 7 of 40

Marks: +1, -0

The owner of an electronic store charges his customer 11% more than the cost price. If a customer paid Rs 1,33,200 for an LED TV, then what was the original price of the TV?

Rs 1,20,000
1,14,500
1,22,500
1,18,000
None of these

Validate

Solution:

\table \CP ,\Profit ,\SP;x ,11%,x+11/100x

According to the statement,

x+11/100x=133200

x = \Rs 1,20,000

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