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Railways PYQCBT 1 2016

RRB NTPC · Question 6

On selling rice for Rs. 45 per kg. a shopkeeper bears loss of 20%. To earn a profit of 20%, the selling price should be. A. Rs. 67.50 B. Rs. 65 C. Rs. 70 D. Rs. 60

  1. B

  2. D

  3. A

  4. C

Show answer & explanation

Answer: (C) A

Explanation

Selling at Rs 45 gives a 20% loss, so the cost price = 45/0.8 = Rs 56.25 per kg. For a 20% profit, the SP = 56.25 × 1.2 = Rs 67.50.