Quantitative Aptitude Ques 1935

Question: By selling an article for Rs. 102, there is a loss of 15%. When the article is sold for Rs. 134.40, the net result in the transaction is

Options:

A) 12% gain

B) 12% loss

C) 10% loss

D) 15% gain

Show Answer

Answer:

Correct Answer: A

Solution:

  • Here, SP = Rs. 102 Loss per cent =15% CP of article $ =\frac{100\times SP}{100-Losspercent} $ $ =\frac{100\times 102}{100-15}=\frac{10200}{85}=Rs\text{.}120 $ Now, the article is sold for Rs. 134.40 Here, $ SP>CP $

$ \therefore $ Profit percent $ =\frac{SP-CP}{CP}\times 100 $ $ =\frac{134.40-120}{120}\times 100 $ $ =\frac{14.40\times 100}{120}=\frac{1440}{120}=12 $ %