There will be a loss of 10%, if a chair is sold for Tk. 540. At what price should the chair be sold to make a profit of 20%?

There will be a loss of 10%, if a chair is sold for Tk. 540. At what price should the chair be sold to make a profit of 20%?

A 576

B 660

C 600

D 720

Solution

Correct Answer: Option D

বিক্রয় মুল্য (SP₂) = {SP₁ x (100±X₂)}÷(100±X₁)
= {540 x (100+20)}÷(100-10)
= 720