Multiple choice

If an article is sold for Rs. 192, a shopkeeper loses 4% on his cost price. What should be its selling price in order to gain 10%?

  1. Rs. 220

  2. Rs. 200

  3. Rs. 232

  4. Rs. 210

  5. Rs. 225
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling for 192 at a 4% loss means 0.96 * CP = 192, so CP = 200. To gain 10%, SP = 200 * 1.10 = 220.

AI explanation

If selling at Rs. 192 results in a 4% loss, then 96% of the cost price equals 192, making the cost price 19200 divided by 96, which is Rs. 200. To gain 10% on this cost price, the required selling price is 110% of 200, which calculates to Rs. 220. The correct option is A.

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