## Quant Question Of The Day: 215

**A Guitar was sold at 13% loss. But if the Selling price had been 551 more then the profit made would have been 16%. Find the actual selling price of the Guitar?**

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**A Guitar was sold at 13% loss. But if the Selling price had been 551 more then the profit made would have been 16%. Find the actual selling price of the Guitar?**

**Answer: (4) 1653**

**Solution:**

**Cost price = C **

**87% of C = selling price**

**0.87C = S**

**now if the Selling price is 551 more then it becomes 116% of cost price**

**now 0.87C+ 551 = 1.16 C**

**0.29C = 551**

**C= 1900**

**Hence the current selling price is 87% of 1900 = 1653**

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