By Ajay Kumar

Verified by Ajay Kumar

Mock Test →

A bicycle is sold for ₹1800 at a loss of 10%. At what price should it be sold to gain 15%?

  1. ₹2000

  2. ₹2100

  3. ₹2250

  4. ₹2300

Answer: D

Solution

Cost Price = \(\frac{1800\times100}{90}\) = ₹2000. Required Selling Price = \(\frac{2000\times115}{100}\) = ₹2300. Therefore, the correct answer is ₹2300.

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