Profit and Loss Practice Test 6

Question : 10 of 40

Marks: +1, -0

A profit of 25% is made by selling an article for Rs 30. If the article was sold for 33.60, the profit would have been:

Solution:

\table \SP ,\Profit %, \CP;30,25,100/{100×\gain%}=100/125×30=24;\If 33.60,x,24

Profit%

={SP-CP}/{CP}×100

={33.60-24}/24×100=40%

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