Question

A person sold an article for Rs 230 and incurred a Los of 8% What should be the selling price in order to earn a profit of 8%​

Answer 1

Answer:

Correct option is

C

Rs. 270

S.P of the article = Rs. 230

Loss =8%

∴ C.P. =100−loss%100× S.P.

=100−8100×230

=92100×230

= Rs. 250

C.P of the article = Rs. 250

Profit =8%

∴ S.P. =100100+profit%× C.P.

⇒100108×250= Rs. 270

Answer 2

Answer:

S.P of the article = Rs. 230

Loss =8%

∴ C.P. =

100−loss%

100

× S.P.

=

100−8

100

×230

=

92

100

×230

= Rs. 250

C.P of the article = Rs. 250

Profit =8%

∴ S.P. =

100

100+profit%

× C.P.

⇒

100

108

×250= Rs. 270