By selling a watch for Rs. 450, a man loses 10%. At what price should he sell it to gain 20%?

ARs. 500

BRs. 550

CRs. 600

DRs. 650

Explanation

CP = 450 / 0.90 = Rs. 500. To gain 20%, SP = 500 * 1.20 = Rs. 600.

Exam Relevance

Topic: Profit and Loss
Subtopic: Desired Profit

Submitted by: mcqstutor Team More Mathematics MCQs →