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Profit & Loss Quiz: Selling an Article for ₹1,700 Causes a 15% Loss. At What Price Should It Be Sold to Earn a 10% Profit?

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Profit & Loss Quiz: Selling an Article for ₹1,700 Causes a 15% Loss. At What Price Should It Be Sold to Earn a 10% Profit?

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Q. By selling an article for ₹1,700, a trader incurs a loss of 15%. At what price should he sell it to earn a profit of 10%?
Options: A) ₹2,000 | B) ₹2,100 | C) ₹2,200 | D) ₹2,250
✅ Answer: C) ₹2,200 (CP = 1700 ÷ 0.85 = ₹2,000; SP = 2000 × 1.10 = ₹2,200)
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