A TV is sold for Rs. 14400 at a loss of 10%. To gain 10%, at what price should it be sold? MCQ with Answer and Explanation

A TV is sold for Rs. 14400 at a loss of 10%. To gain 10%, at what price should it be sold?
A. Rs. 18000
B. Rs. 16000
C. Rs. 17200
D. Rs. 17600
Answer: Option D
Solution (By JKSSB Mock Tests)
0.9 * CP = 14400. CP = 16000. For 10% gain, SP = 1.1 * 16000 = Rs. 17600.

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Practice More Profit And Loss Questions

Question #1
A shopkeeper sells a product for Rs. 770, gaining 10%. Find the cost price.
A. Rs. 720
B. Rs. 680
C. Rs. 750
D. Rs. 700

Correct Answer: Option D


Explanation:
CP = 770 / 1.10 = 700.

This question belongs to: Maths Profit And Loss
Question #2
A dealer gives a discount of 20% on an article and still gains 10%. If the cost price is Rs. 600, find the marked price.
A. Rs. 850
B. Rs. 900
C. Rs. 825
D. Rs. 800

Correct Answer: Option C


Explanation:
SP = 600*1.1 = 660. MP = 660 / 0.8 = 825.

This question belongs to: Maths Profit And Loss
Question #3
A person buys 5 kg of sugar at Rs. 35 per kg and sells at Rs. 42 per kg. What is the profit percentage?
A. 25%
B. 20%
C. 15%
D. 30%

Correct Answer: Option B


Explanation:
CP = 5*35 = 175, SP = 5*42 = 210, profit = 35, profit% = 35/175*100 = 20%.

This question belongs to: Maths Profit And Loss