There will be a loss of 10% , if a chair is sold for TK. 540. At what price should the chair be sold to make a profit of 20% ?

A 576
B 660
C 600
D 720

Correct Answer: 720

According to question, 90% of the Chair's price is 540 Tk.So, 100% or the cost price is=540×10090 or 600 Tk.So, 20% the price should be =600×20% or 120 Tk. So, to make a 120% profit, the chair should be sold at = (600 + 120) Tk. or 720 Tk.
Bissoy MCQ
#গণিত #Bangladesh Bank #লাভ-ক্ষতি (Profit and loss) #Bangladesh Bank - Officer(Cash) - 2011

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