ABC26GN2605 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2007 · Marks: · Difficulty:

A trader buys some goods for ₹ 150. If the overhead expenses be 12\% of cost price, then at what price should it be sold to earn 10\%?

(a)₹ 184.80

(b)₹ 185.80

(c)₹ 187.80

(d)₹ 188.80

Answer

Answer (as printed): A

Explanation

Total C.P. = Cost + Overhead expenses $=₹(150+12 \%$ of 150) $=₹(150+18)=₹ 168$. ∴ S.P. $=₹\left(\frac{110}{100} \times 168\right)=₹ 184.80$.

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