Question

On selling an article for Rs. $240$$,atraderloses$4\%$.Inordertogain$10\%$, he must sell the article for

• A. Rs. $275$
• B. Rs. $280$
• C. Rs. $285$
• D. Rs. $300$

Answer 1

The correct option is A Rs. $275$

S.P. $=$ Rs. $240$; Loss $=4\%$
$\Rightarrow 96\%$ of C.P. $=$ Rs. $240$
S.,P. with $10\%$ gain $\Rightarrow 110$ $\%$ of C.P.
Therefore, $110$% of C.P. $=$ Rs. $\frac{240}{96}\times 110=$ Rs. $275$