Profit and Loss Practice Test 3

Question : 3 of 40

Marks: +1, -0

On selling an article for Rs 5,936, a man gains6%. For how much should he sell it to gain8%?

Solution:

CP of an article =

5,936 ×100/106

= Rs 5,600
SP when the article is sold at gain of 8%,

=5600 (1+8/100)

= Rs 6,048

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