If an article is sold for Rs 178 at a loss of 11%, what should be its

1.	If an article is sold for Rs 178 at a loss of 11%, what should be its selling price in order to earn a profit of 11% ? (a) Rs 222.50 (b) Rs 267 (c) Rs 222 (d) Rs 220
Answer» (c) Rs 222 S.P. = Rs 178, Loss = 11% \(\therefore\) C.P = \(\frac{178\times100}{(100-11)}\) = \(\frac{178\times100}{89}\) = 200 Now C.P. = Rs 200, Profit = 11% \(\therefore\) S.P = \(\frac{200\times111}{100}\) = Rs 222.

If an article is sold for Rs 178 at a loss of 11%, what should be its selling price in order to earn a profit of 11% ? (a) Rs 222.50 (b) Rs 267 (c) Rs 222 (d) Rs 220

Answer»

(c) Rs 222

S.P. = Rs 178, Loss = 11%

\(\therefore\) C.P = \(\frac{178\times100}{(100-11)}\) = \(\frac{178\times100}{89}\) = 200

Now C.P. = Rs 200, Profit = 11%

\(\therefore\) S.P = \(\frac{200\times111}{100}\) = Rs 222.