Home » Aptitude » Profit and Loss » Question
  1. By selling 90 ball pens for $ 160 a person loses 20%. The number of ball pens, which should be sold for $ 96 so as to have a profit of 20% is
    1. 36
    2. 37
    3. 46
    4. 47
Correct Option: A

Given that , S.P. of 90 ball pens = $ 160
On 20% lose ,

C.P. of 90 ball pens =
100
× S.P.
100 - Loss%

C.P. of 90 ball pens =
100
× 160 = $ 200
80

S.P. for a gain of 20% =
200 × 120
= $ 240
100

∵ $ 240 = 90 ball pens
∴ $ 96 =
90
× 96 = 36
240



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