Correct option is D
Given:
Selling Price of radio = ₹510
Loss = 15%
Formula Used:
Loss = CP - SP
Loss percent =
Profit Percent =
Solution:
Let the CP be x
Then loss = 15% of x = 0.15x
Selling Price = x -0.15x = 0.85x
0.85x = 510
x=
Now profit of 15 % is needed
15% of 600 = ₹90
Selling Price for a profit of 15% = 600+90 = ₹690
Alternative Method:
Let CP be 100
Then loss = 15
SP = 85
New SP = 100+15 = 115
New SP =