By selling an article for Rs. 720, a shopkeeper loses 10%. At what price should he sell it to gain 20%?

Topic: Profit and Loss
Subtopic: Selling Price

ARs. 840

BRs. 900

CRs. 960

DRs. 1000

Explanation

Selling price = Rs. 720 at 90% CP => CP = 720 / 0.9 = Rs. 800. For 20% profit, SP = 800 * 1.2 = Rs. 960.

Exam Relevance

Submitted by: mcqstutor Team More Mathematics MCQs →