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An article was sold for Rs. 5220 at a loss of 42% of the cost price. What will be the selling price of the article for a profit of 42% ? -

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Question

An article was sold for Rs. 5220 at a loss of 42% of the cost price. What will be the selling price of the article for a profit of 42% ?

Options

  • Rs. 12580

  • Rs. 17280

  • Rs. 12780

  • Rs. 15280

MCQ

Solution

Rs. 12780

Explanation:

C.P. of article

`= 5220 xx 100/((100 - 42))`

`= (5220 xx 100)/58`

= Rs. 9000

∴ Required S.P.

`= (9000 xx 142)/100`

= Rs. 12780

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Profit and Loss (Entrance Exam)
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