By selling an item for Rs. 1,440, a trader loses 10%. At what price should he sell it to make a profit of 15%?
ARs. 1,600
BRs. 1,720
CRs. 1,840
DRs. 1,920
Explanation
Cost Price CP = 1440 / 0.90 = Rs. 1,600. For 15% profit, Selling Price SP = 1600 * 1.15 = Rs. 1,840.
Exam Relevance
- Topic: Profit and Loss
- Subtopic: Selling Price
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