RRB NTPC · Question 35
Mr. Kiran sold a bus for Rs. 18,700 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?
Show answer & explanation
Answer: (C) Rs. 25,300
Explanation
At a 15% loss, SP = 0.85 × CP, so CP = 18700 / 0.85 = Rs 22,000. For a 15% profit, SP = 1.15 × 22000 = Rs 25,300.