An item is sold for ₹702 at a profit o

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An item is sold for ₹702 at a profit of ₹162. If an additional! profit of 10% is to be made, then the new selling price will be:

Options:

₹756

₹729

₹810

₹750

Correct Answer:

₹756

Explanation:

SP of the item = 702

CP of the item = 702 – 162 = 540

New selling price of the article =

540 + 540 × \(\frac{10}{10}\) + 162

= 540 + 54 + 162

= 756