Profit and Loss Practice Test 8

Question : 28 of 40

Marks: +1, -0

Surabhi brought a ring for Rs 42,000 and sold it to her friend at a profit of

16 2/3 %

. Find the selling price of the ring.

Solution:

42000(1+1/6)=SP

⇒SP=42000× 7/6=49000

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