Profit and Loss Practice Test 10

Question : 12 of 28

Marks: +1, -0

By selling a watch for Rs. 144 a man loses 10%. At what price should he sell it in order to gain15%.

Solution:

Here, 90% = Rs. 144

∴ 115% =144/90 ×115

= Rs. 184
[ ∵ When 10% loss, then S.P. = 90% of C.P. and when 15% gain, then S.P. = 115% of C.P.]

Go to Question:

Prev Question

Next Question