Discussion :: IBPS BANK EXAM TEST 3
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Manhar sold an item for Rs.8,400 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 40% ?
Answer : Option A
Explanation :
C.P of item = (100/75)*8400
=Rs.11200
S.P. for a gain of 40%
= (11200 * 140)/100 = Rs. 15680
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