Quantitative Aptitude Ques 277

Question: There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20%, the price of rice per kg will be

Options:

A) Rs. 65

B) Rs. 72

C) Rs. 63

D) Rs. 70

Show Answer

Answer:

Correct Answer: B

Solution:

  • Cost price $ =\frac{54\times 100}{90}=Rs.,60 $ For earning 20% profit, Selling price = 60 + 20% of 60 = Rs. 72
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