Kavita sold a mobile phone at the price of ₹1950 and made a loss of 25%. At what price will she have to…
A 25% loss means the selling price is 75% of the cost, so the cost is 1950/0.75 = ₹2600. A 30% profit requires a selling price of 1.30 × 2600 = ₹3380. Selling at ₹2600 would…
Choose your answer
Kavita sold a mobile phone at the price of ₹1950 and made a loss of 25%. At what price will she have to sell it to get a profit of 30%?
Answer and explanation
Correct answer D
A 25% loss means the selling price is 75% of the cost, so the cost is 1950/0.75 = ₹2600. A 30% profit requires a selling price of 1.30 × 2600 = ₹3380. Selling at ₹2600 would only recover the cost, with no profit at all.
Practice for these exams
-
UGC NET Law
Subject revision
See pack details on LawMint.net -
UGC NET Paper I