Profit and Loss Practice Test 9

Question : 38 of 40

Marks: +1, -0

Jiten brought a car for Rs 60,000 and spent 10% of the cost of car for the repair. At what price should he sell the car to make 15% gains?

Solution:

CP = 60,000 + 6,000 = Rs 66,000
SP =

66,000 +15/100   ×66,000

= Rs 75,900

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