A loss of 19% gets converted into a profit of 17% when the

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Function: require_once

A loss of 19% gets converted into a profit of 17% when the

Home » Aptitude » Profit and Loss » Question

A loss of 19% gets converted into a profit of 17% when the selling price is increased by $ 162. The cost price of the article is

If the C.P. of article be y, then
According to question ,
117y - 81y = 162
100 100

⇒ 36y = 162
100

⇒ y = 162 × 100 = $ 450
36