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
If the selling price of an article is Rs. 130 and the loss is 35%, find the cost price.
A. Rs. 180
B. Rs. 200
C. Rs. 220
D. Rs. 190

Correct Answer: Option B


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Question #2
A shopkeeper sells a table for Rs. 2400, losing 20%. Find the cost price.
A. Rs. 3200
B. Rs. 2500
C. Rs. 3000
D. Rs. 2800

Correct Answer: Option C


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CP = 2400/0.8 = 3000.

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Question #3
A shopkeeper sells a product for Rs. 630, gaining 5%. Find the cost price.
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B. Rs. 600
C. Rs. 640
D. Rs. 580

Correct Answer: Option B


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