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Railways PYQCBT 1 2016

RRB NTPC · Question 69

The loss in selling an article for Rs. 1235 was 5%. At what price should it be sold to get a profit of 10%?

  1. Rs. 1,335
  2. Rs. 1,380
  3. Rs. 1,430
  4. Rs. 1,300
Show answer & explanation

Answer: (C) Rs. 1,430

Explanation

CP = 1235 / 0.95 = Rs. 1,300. For 10% profit, SP = 1300 × 1.10 = Rs. 1,430.