| There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20%, the price of rice per kg will be |
A) Rs. 65
B) Rs. 72
C) Rs. 63
D) Rs. 70
Correct Answer: B
Solution :
| Cost price \[=\frac{54\times 100}{90}=Rs.\,60\] |
| For earning 20% profit, |
| Selling price = 60 + 20% of 60 = Rs. 72 |
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