Profit and Loss Practice Test 9

Question : 37 of 40

Marks: +1, -0

Subhash purchased a taperecorder at

9 / 10

of its selling price and sold it at 8% more than its S.P. His gain is :

Solution:

Let S.P. = Rs. 100; C.P. for Subhash =

9/10 ×100

= Rs. 90 and S.P. = Rs. 108
Hence, gain % for Subhash

={108-90}/90×100=20%

Go to Question:

Prev Question

Next Question