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IBPS PO Prelims Model Paper 10 with solutions
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© examsnet.com
Question : 24
Total: 100
Manhar sold an item for ₹ 8,400 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 40%?
₹ 15,680
₹ 16,220
₹ 14,540
Cannot be determined
None of these
Validate
Solution:
Cost price of item
=
8400
×
100
100
−
25
=
8400
×
100
75
=
₹
11200
SP of item
=
11200
×
100
+
40
100
=
11200
×
140
100
=
₹
15680
© examsnet.com
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