Arman incurs 6% loss by selling a laptop charger for ₹1269. At what price should the charger be so

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10 Jun 2021 Profit & Loss

Arman incurs 6% loss by selling a laptop charger for ₹1269. At what price should the charger be sold to earn 6% profit?

OPtion

1) 1360
2) 1250
3) 1260
4) 1400
5) 1440
6) 1450
7) 1431
8) 1436
9) 1500
10) None of the above

Solution

Let the new S.P. be ₹ x
Then, (100 – loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)
(100 – 6) / 1269 = (100 + 6) / x
X = (106 x 1269)/94
X = 134514/94 = ₹1431

Correct Option: 7 Best Solution (3)