Profit Loss L1

A person sold an article for Rs.136 and got 15% loss. Had he sold it for Rs.x, he would have got a profit of 15%. Which one of the following is correct?

  1. 170 < x < 180
  2. 160 < x < 170
  3. 180 < x < 190
  4. 190 < x < 200

Solution

Cost price of the article = 136(1 + 0.15) =  Rs.160

To make a profit of 15% , selling price = 160(1 + 0.15) =  Rs.184

The correct answer option is C.