There is a loss of 11\% if an article is sold at Rs. 178 . At what price should it be sold to make a profit of 11\% ? - Quantitative Aptitude MCQ Competitive Exams Practice Paper 2026 | ExamTest.live

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There is a loss of 11% if an article is sold at Rs. 178 . At what price should it be sold to make a profit of 11% ?

Solution & Step-by-step Explanation

Given: Initial Selling Price (SP_{1}) = Rs. 178 Loss = 11% Find the Cost Price (CP): CP = \frac{SP _{1}}{1 - \frac{Loss}{100}} = \frac{178}{1 - 0.11} = \frac{178}{0.89} = 200 To make a profit of 11%, the new Selling Price (SP_{2}) is: SP_{2} = CP \times (1 + \frac{Profit}{100}) = 200 \times 1.11 = 222 Thus, the article should be sold at Rs. 222 .

Try it yourself before checking the explanation above.

There is a loss of 11% if an article is sold at Rs. 178 . At what price should it be sold to make a profit of 11% ?

Rs.200

Rs.220

Rs.222

Rs.226

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