Rahul sold a box for ₹1,440 at a loss of 40%. What should the selling price of the box be to enable Rahul to earn a profit of 40%?
Answer & explanation
Correct answer: option 4
SP1 SP2
100 - D% 100 + P%
100 - 40% 100 + 40%
60 140
⇓×24 ⇓×24
1,440 Given ₹3,360