Selling a radio at Rs. 363.75 , there was a loss of 3\% to a radio seller. At what price should he sell the radio to make a profit of 10\% ? - Quantitative Aptitude MCQ Competitive Exams Practice Paper 2026 | ExamTest.live

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Selling a radio at Rs. 363.75, there was a loss of 3% to a radio seller. At what price should he sell the radio to make a profit of 10% ?

Solution & Step-by-step Explanation

Given: Initial Selling Price (SP_{1}) = Rs. 363.75 Loss = 3% Find the Cost Price (CP): CP = \frac{SP _{1}}{1 - \frac{Loss Percentage}{100}} CP = \frac{363.75}{1 - 0.03} = \frac{363.75}{0.97} = Rs. 375 To make a profit of 10%, the new Selling Price (SP_{2}) should be: SP_{2} = CP \times (1 + \frac{Profit Percentage}{100}) SP_{2} = 375 \times 1.10 = Rs. 412.50

Try it yourself before checking the explanation above.

Selling a radio at Rs. 363.75, there was a loss of 3% to a radio seller. At what price should he sell the radio to make a profit of 10% ?

Rs.400.50

Rs.410.50

Rs.412.50

Rs.420.50

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