Profit and Loss Practice Test 9

Question : 16 of 40

Marks: +1, -0

By selling 15 pots, a shopkeeper gains the selling price of 3 pots. Find his gain per cent.

Solution:

Let the SP of 15 pots = Rs 15
Profit earned = Rs 3
So, CP of 15 pots = Rs (15 - 3) = Rs 12
Profit per cent

= 3/12 ×100=25%

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