Aman sold an item at 15% loss. If he had sold for Rs. 8320 more, he would have made a profit of 17%. At what price it should be sold to get a profit of 62%?
Aman sold an item at 15% loss. If he had sold for Rs. 8320 more, he would have made a profit of 17%. At what price it should be sold to get a profit of 62%?
Option 1 -
28420
Option 2 -
44220
Option 3 -
42120
Option 4 -
43540
Asked by Shiksha User
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1 Answer
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Correct Option - 3
Detailed Solution:32% of CP = Rs. 8320 or CP = Rs. 26000
Now the Aman wants a profit of 62%.
Therefore, he has to sell it at a price of 26000 * 1.62 = 42120
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