Madhya Pradesh Police Exam Model Paper 8

Question : 96 of 100

Marks: +1, -0

A dealer sold a TV set a loss of 20%. Had he sold it for Rs. 9000 more, he would have gained 25%. For what value should he sell the TV in order to gain 30%?

Rs. 25000
Rs. 26000
Rs. 27000
Rs. 30000

Validate

Solution:

GIVEN:
A dealer sold a TV set a loss of 20%. Had he sold it for Rs. 9000 more, he would have
gained 25%.
CONCEPT:
Basic concept of Profit and Loss.
FORMULA USED:
SP = CP × [1 + profit]/100
CALCULATION:
Given Value of [25 – (– 20)] i.e. 45% of TV = 9000
∴ For getting 30% profit, selling price should be

= 9000{/}45 × 130 = Rs. 26000

Go to Question:

Prev Question

Next Question