NextMockSearch exams, e.g. SSC CGL, UPPSC, Lekhpal
Railways PYQCBT 2 2017

RRB NTPC · Question 103

Mr. Manju sold a bus for Rs. 17,000 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?

  1. Rs. 23,000

  2. Rs. 23,500

  3. Rs. 24,000

  4. Rs. 24,500

Show answer & explanation

Answer: (A) Rs. 23,000

Explanation

CP = 17000/0.85 = Rs 20,000. For a 15% profit, SP = 20000 × 1.15 = Rs 23,000.