Arithmetic Aptitudes › Profit and Loss › Question #6189
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 247 views
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#6189Q ID
ModerateDifficulty
Profit and LossTopic
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  • A 2% ✔ ✖
  • B 4% ✔ ✖
  • C 5% ✔ ✖
  • D 10% ✔ ✖
Correct Answer

Explanation

C.P = Rs. 27.50, S.P. = Rs. 28.60
So, Gain = Rs. (28.60 – 27.50) = Rs. 1.10.
∴ G a i n % = ( 1.10 27.50 × 100 ) % = 4 %

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