Mathematics
NULL
Medium
Question
Rice sold at Rs 5.40/kg gives a 10% loss. At what price per kg should it be sold for a 20% profit?
A
Rs. 6
B
Rs. 6.48
C
Rs. 7.02
D
Rs. 7.20
✓ Official correct answer
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A
Rs. 6
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B
Rs. 6.48
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C
Rs. 7.02
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D
Rs. 7.20
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Explanation
CP = 5.40/0.9 = 6. Required SP = 6 × 1.2 = Rs 7.20.