How to solve Iift 2021 - 23rd Dec Question 17?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2021 - 23rd Dec Question 17

This is a detailed step-by-step solution for Iift 2021 - 23rd Dec Question 17. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2021 (23rd Dec)

Let the CP be x
Now as per question, 600 − x = 20 (x − 175)
21x = 4100
x= 195.24
Therefore, to make a profit of 30% selling price of second article should be = 1.3 × 195.24 = 253.81

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