Paban incurred a 10\% loss by selling lemons at Rs. 18 per dozen. At what price should he sell each dozen of lemons to make a profit of 10\% ? - Quantitative Aptitude MCQ Competitive Exams Practice Paper 2026 | ExamTest.live

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1 mark

Paban incurred a 10% loss by selling lemons at Rs. 18 per dozen. At what price should he sell each dozen of lemons to make a profit of 10% ?

Solution & Step-by-step Explanation

Given: Initial Selling Price per dozen (SP_{1}) = Rs. 18 Loss = 10% Calculate the Cost Price (CP) per dozen: CP = \frac{SP _{1}}{1 - \frac{Loss Percentage}{100}} = \frac{18}{1 - 0.10} = \frac{18}{0.90} = Rs. 20 To achieve a profit of 10%, the new selling price (SP_{2}) should be: SP_{2} = CP \times (1 + \frac{Profit Percentage}{100}) = 20 \times 1.10 = Rs. 22 Thus, he needs to sell them at Rs. 22 per dozen.

Try it yourself before checking the explanation above.

Paban incurred a 10% loss by selling lemons at Rs. 18 per dozen. At what price should he sell each dozen of lemons to make a profit of 10% ?

Rs20.

Rs.22

Rs.24

Rs.30

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