Home » Aptitude » Profit and Loss » Question
  1. If an article is sold for $ 178 at a loss of 11%, what should be its selling price in order to earn a profit of 11%?
    1. $ 222.50
    2. $ 267
    3. $ 435
    4. $ 222
Correct Option: D

Given in question , S.P. of article = $ 178
Loss = 11%
89% of the cost price = 178

∴ 111% of the cost price = $
178
× 111 = $ 222
89

We can find required answer with the help of given formula :
C.P. = S.P. of article ×
100
100 - Loss%/td>

C.P. = 178 ×
100
100 - 11

C.P. =
17800
= 200
89

S.P. = 200 × 100 + 11= Rs. 222
100



Your comments will be displayed only after manual approval.