Difficulty: Easy
Correct Answer: ₹ 11,856
Explanation:
Introduction / Context:
Switching from a loss to a profit on the same article requires first recovering the cost price from one scenario and then applying the desired percentage to get the new selling price.
Given Data / Assumptions:
Concept / Approach:
If loss is 30%, SP = 0.70 * CP ⇒ CP = SP / 0.70. For a 30% profit, SP_target = 1.30 * CP.
Step-by-Step Solution:
CP = 6,384 / 0.70 = ₹ 9,120SP_target = 1.30 * 9,120 = ₹ 11,856
Verification / Alternative check:
Check consistency: 30% of 9,120 is 2,736; 9,120 + 2,736 = 11,856, confirming the result.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
₹ 11,856
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