NIMCET 2009 Question Paper with solutions

Directions (Q. Nos. 77-81) Study the pie charts given below and answer the following questions.

Question : 80 of 120

Marks: +1, -0

If all the costs increase by

10 \%

and the selling price remains the same, by what per cent will the profit be reduced?

Solution:

C

was the cost and

p

was the profit,
then new cost

=\;{11 C}/{10}

Profit

=0-\;{C}/{10}

Profit is reduced by the amount

\;{ {C}}/{10}

Percentage reduction

=\;{C \/ 10}/{C} × 100 \%=10 \%

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