Home » Aptitude » Percentage » Question
  1. If a person sells a wooden furniture at 8% profit against 8% loss, then he could had earned Rs12 more. What is the cost price of furniture?
    1. 72
    2. 70
    3. 80
    4. 75
Correct Option: D

Let Cost Price (CP) = x
Then Selling Price(SP) if he sells at profit = x(1+8%) = 1.08x
and SP, if he sells at loss = x(1-8%) = 0.92%
Given, 1.08%-0.92% = Rs12
0.16x = Rs.12
⇒x = Rs.75



Your comments will be displayed only after manual approval.