Single Choice Moderate

QA man pays Rs. 27.50 for an item and sells it for Rs. 28.60. Determine his profit percentage.

ID: #6189 Profit and Loss 261 views

Question Info

#6189Q ID

ModerateDifficulty

Profit and LossTopic

Start Quiz on This Topic

Your Answer

Choose the Best Option

Click any option to instantly check if you're correct.

Correct Answer

C.P = Rs. 27.50, S.P. = Rs. 28.60
So, Gain = Rs. (28.60 – 27.50) = Rs. 1.10.
$∴ G a i n % = (\frac{1.10}{27.50} \times 100) % = 4 %$

Continue Practice

Previous Question Next Question

Challenge a friend or share with your study group.