ABC26GN2578 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

An article is sold at a certain price. By selling it at of that price one loses 10%. Find the gain percent 3 at original price. 2
Answer
Answer (as printed):
Explanation
Let the original S.P. be ` x. Then, New S.P. = ` x , Loss = 10%. 3  100 2  20 x So, C.P. = `  × x = .  90 3  27 20 x  20 x  7x Now, C.P. = ` , S.P. = ` x. Gain = `  x – =` . 27  27  27  7x 27  ∴ Gain% =  × × 100 % = 35%.  27 20 x 

Explanation as extracted from the printed page; notation may be imperfect.

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