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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-17

  • question_answer
    A man wanted to sell an article with 20% profit; but he actually sold at 20% loss for Rs. 480. At what price did he want to sell it to earn the profit?

    A)  Rs. 720

    B)  Rs. 840

    C)  Rs. 600

    D)  Rs. 750

    Correct Answer: A

    Solution :

    SP of the article which is sold at  20% loss = Rs. 480 \[\therefore \]CP of the article\[=\frac{480\times 100}{80}=\]Rs. 600 \[\therefore \]SP of the article to set profit of 20% \[=\frac{600\times 120}{100}=\]Rs. 720


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