Profit and Loss - Arithmetic Aptitude Questions and Answers

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There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

Rs. 12

Rs. 12.96

Rs. 14.40

None of these

Answer : Option C

Explanation :

90 : 10.80 :: 120 : x

X = (10.80 Ã—120)/90 = 14.40

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