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Aptitude · Q116

Profit And Loss

Competitive Exams · Aptitude · question 116

Q116

A trader buys some goods for Rs. 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% ?

A.
Rs. 184.80
Answer
B.
Rs. 185.80
C.
Rs. 187.80
D.
Rs. 188.80

Answer: Option A

Solution

Answer: Option A
Solution:
Total C.P. = Cost + Overhead Expenses
= Rs. (150 + 12% of 150)
= Rs. (150 + 18)
= Rs. 168