RRB RPF RPSF SI and CONS Model Papers 8 with solutions

Question : 38 of 120

Marks: +1, -0

By selling an article for Rs. 240 a man incurs a loss of 10%. At what price should he sell it so that he makes a profit of 20%?

Solution:

(4) 90% of C.P. = Rs. 240 = First S.P.
New S.P. = 120% of C.P.

= {\Rs} .240×{100}/{90} ×{120}/{100}

= {\Rs} .320

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