Question
Download Solution PDFBy selling an article for Rs. 33,000 a man gains 10%. To get a profit of 20%, he has to sell it for :
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
S.P = Rs.33,000
Profit% = 10%
Concept used:
C.P = S.P/{100 ± (P/L)%}
Calculation:
According to the question:
⇒ 110% = 33,000
⇒ 1 % = 33,000/110
⇒ 100% = 30,000
Required S.P = 30,000 × 120% = Rs.36,000
∴ The correct answer is Rs.36,000.
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