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A shopkeeper loses 15%,if an article is sold for Rs. 102. What should be the selling price of the article to gain 20%?
- A141 Rs.
- B142 Rs.
- C143 Rs.
- D144 Rs.
Correct answer: D
Discussion 1
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CCommunity
144 Rs.
Given that SP = Rs. 102 and loss = 15%
CP = [100(SP)]/(100 - l%) = (100 * 102)/85 = 20 * 6 = Rs. 120.
To get 20% profit, New SP = [(100 + p%)CP]/100 = (120 * 120)/100 = Rs. 144
Given that SP = Rs. 102 and loss = 15%
CP = [100(SP)]/(100 - l%) = (100 * 102)/85 = 20 * 6 = Rs. 120.
To get 20% profit, New SP = [(100 + p%)CP]/100 = (120 * 120)/100 = Rs. 144