This question was previously asked in

Airforce Group Y MBT 12-Jul-2021 Shift 2

- Rs. 18,000
- Rs. 36,000
- Rs. 54,000
- Rs. 72,000

Option 2 : Rs. 36,000

With hundreds of Questions based on Profit and Loss, we help you gain expertise on Quantitative Aptitude. All for free. Explore Testbook Learn to attain the subject expertise with us.

**Given: **

Profit% = 20% on selling price

Cost price = Rs. 28,800

**Formula used:**

Selling price = Cost price × (Assumed selling price/Assumed cost price)

**Calculation:**

Lat assume that selling price be Rs. 100

Profit% = 20% on selling price

Profit = 20% of Rs. 100

⇒ Rs. 20

Cost price = Rs. (100 – 20) = Rs. 80

Selling price = Rs. 28,800 × (100/80)

⇒ Rs. 36,000

**∴ The selling price is Rs. 36,000**

India’s **#1 Learning** Platform

Start Complete Exam Preparation

Daily Live MasterClasses

Practice Question Bank

Mock Tests & Quizzes

Trusted by 2,28,76,924+ Students

Start your FREE coaching now >>

Testbook Edu Solutions Pvt. Ltd.

1st & 2nd Floor, Zion Building,

Plot No. 273, Sector 10, Kharghar,

Navi Mumbai - 410210

[email protected]
Plot No. 273, Sector 10, Kharghar,

Navi Mumbai - 410210

Toll Free:1800 833 0800

Office Hours: 10 AM to 7 PM (all 7 days)