{"id":1646,"date":"2021-08-17T05:26:02","date_gmt":"2021-08-17T05:26:02","guid":{"rendered":"https:\/\/www.wikitechy.com\/interview-questions\/?p=1646"},"modified":"2021-09-07T10:34:59","modified_gmt":"2021-09-07T10:34:59","slug":"riya-sold-her-car-for-50000-less-than-what-she-bought-it-for-and-lost-8-at-what-price-should-she-have-sold-her-car-if-she-wanted-to-gain-as-much-as-she-lost-in-the-first-transaction","status":"publish","type":"post","link":"https:\/\/www.wikitechy.com\/interview-questions\/profit-and-loss\/riya-sold-her-car-for-50000-less-than-what-she-bought-it-for-and-lost-8-at-what-price-should-she-have-sold-her-car-if-she-wanted-to-gain-as-much-as-she-lost-in-the-first-transaction\/","title":{"rendered":"Riya sold her car for 50000 less than what she bought it for and lost 8% at what price should she have sold her car, if she wanted to gain as much as she lost in the first transaction ?"},"content":{"rendered":"
\n
\n

Riya sold her car for 50000 less than what she bought it for and lost 8% at what price should she have sold her car, if she wanted to gain as much as she lost in the first transaction ?<\/p>\n

\n
\n

A. 625000<\/p>\n<\/div>\n

\n

B. 650000<\/p>\n<\/div>\n

\n

C. 675000<\/p>\n<\/div>\n

\n

D. 637000<\/p>\n<\/div>\n

\n

E . 670000<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Answer :\u00a0<\/b>C. 675000<\/h3>\n
\n

Explanation :<\/h2>\n<\/div>\n
\n
\n

Let Riya bought the car at Rs. x
\nso, cost price = x
\nSold at Rs. 50000 less than Rs. x
\nso, selling price = x \u2013 50000<\/p>\n

Also, 50000 is 8% of x
\n50000 = 8\/100 of x
\n50000 = 0.08x
\nor, x = 50000\/0.08 = 625000<\/p>\n

So, Riya bought at Rs. 625000.
\nTo gain what she lost in her first transaction i.e., Rs 50000 she should have sold the car at Rs. 625000 + 50000
\n= Rs. 6,75,000<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Answer : C. 675000…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11185],"tags":[10954,10957,10956,10977,10972,10984,11000,11005,10944,10945,10966,10942,10947,11012,11010,10985,10973,11014,10982,10998,10981,11015,10969,10960,10983,9747,10988,10995,10993,10971,11016,10970,11004,10987,10958,11003,10974,10940,10959,9751,10980,10976,11002,10986,10994,10951,11009,10943,286,10946,9385,10979,10992,10949,10989,10996,9391,11007,10965,10955,11011,10964,10961,11210,11211,11202,11203,11197,11212,11215,11200,11214,11213,10997,16272,10978,10963,10967,10990,11006,10941,11001,10950,10991,10975,10952,10953,11008,10948,10999,11013,10962,10968],"class_list":["post-1646","post","type-post","status-publish","format-standard","hentry","category-profit-and-loss","tag-adani-enterpris-interview-questions-and-answers","tag-adani-green-energy-ltd-interview-questions-and-answers","tag-adani-ports-ltd-interview-questions-and-answers","tag-adani-total-gas-ltd-interview-questions-and-answers","tag-adani-transmission-ltd-interview-questions-and-answers","tag-ambuja-cements-interview-questions-and-answers","tag-apollo-hospital-interview-questions-and-answers","tag-aurobindo-pharm-interview-questions-and-answers","tag-avenue-supermarts-ltd-interview-questions-and-answers","tag-axis-bank-interview-questions-and-answers","tag-bajaj-auto-interview-questions-and-answers","tag-bajaj-finance-interview-questions-and-answers","tag-bajaj-finserv-ltd-interview-questions-and-answers","tag-balkrishna-industries-interview-questions-and-answers","tag-bandhan-bank-interview-questions-and-answers","tag-berger-paints-interview-questions-and-answers","tag-bharat-petroleum-corporation-ltd-interview-questions-and-answers","tag-biocon-interview-questions-and-answers","tag-britannia-industries-ltd-interview-questions-and-answers","tag-cadila-health-interview-questions-and-answers","tag-coal-india-ltd-interview-questions-and-answers","tag-colgate-interview-questions-and-answers","tag-dabur-india-ltd-interview-questions-and-answers","tag-divis-labs-interview-questions-and-answers","tag-dlf-interview-questions-and-answers","tag-dr-reddys-labs-interview-questions-and-answers","tag-eicher-motors-ltd-interview-questions-and-answers","tag-gail-india-ltd-interview-questions-and-answers","tag-gland-pharma-ltd-interview-questions-and-answers","tag-godrej-consumer-products-ltd-interview-questions-and-answers","tag-godrej-properties-interview-questions-and-answers","tag-grasim-industries-ltd-interview-questions-and-answers","tag-gujarat-gas-ltd-interview-questions-and-answers","tag-havells-india-ltd-interview-questions-and-answers","tag-hdfc-life-insurance-company-ltd-interview-questions-and-answers","tag-hero-motocorp-interview-questions-and-answers","tag-hindalco-industries-ltd-interview-questions-and-answers","tag-hindustan-unilever-ltd-interview-questions-and-answers","tag-hindustan-zinc-ltd-interview-questions-and-answers","tag-icici-lombard-interview-questions-and-answers","tag-icici-prudential-life-insurance-interview-questions-and-answers","tag-indian-oil-corporation-ltd-interview-questions-and-answers","tag-indus-towers-ltd-interview-questions-and-answers","tag-indusind-bank-interview-questions-and-answers","tag-interglobe-aviation-interview-questions-and-answers","tag-jsw-steel-interview-questions-and-answers","tag-jubilant-foodworks-ltd-interview-questions-and-answers","tag-kotak-mahindra-bank-interview-questions-and-answers","tag-lt-infotech-interview-questions-and-answers","tag-larsen-and-toubro-ltd-interview-questions-and-answers","tag-lupin-interview-questions-and-answers","tag-mm-interview-questions-and-answers","tag-marico-interview-questions-and-answers","tag-maruti-suzuki-interview-questions-and-answers","tag-motherson-sumi-systems-interview-questions-and-answers","tag-muthoot-finance-hdfc-amc-interview-questions-and-answers","tag-nestle-interview-questions-and-answers","tag-nmdc-ltd-interview-questions-and-answers","tag-ntpc-ltd-interview-questions-and-answers","tag-oil-and-natural-gas-corporation-interview-questions-and-answers","tag-pi-industries-ltd-interview-questions-and-answers","tag-pidilite-industries-interview-questions-and-answers","tag-power-grid-corporation-of-india-interview-questions-and-answers","tag-profit-and-loss-problems-shortcuts","tag-profit-and-loss-problems-with-solutions","tag-profit-and-loss-problems-with-solutions-for-bank-exams","tag-profit-and-loss-questions","tag-profit-and-loss-questions-and-answers","tag-profit-and-loss-questions-for-bank-po","tag-profit-and-loss-shortcut-tricks-for-bank-exams","tag-profit-and-loss-tricks","tag-profit-and-loss-tricks-for-bank-po","tag-profit-and-loss-tricks-for-ssc-cgl","tag-ril-partly-paid-interview-questions-and-answers","tag-sapient-nitro-placement-questions-and-answers","tag-sbi-card-interview-questions-and-answers","tag-sbi-life-insura-interview-questions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