RRB RPF RPSF SI and CONS Model Papers 5 with solutions

Question : 39 of 119

Marks: +1, -0

A person wrongly calculated his profit on selling price and according to him, his profit percentage was 25. What was his actual profit percentage?

Solution:

(4) Let S.P. = ₹ 100
Profit = 25% of 100 = ₹ 25
C.P. = 100 – 25 = ₹ 75
Profit is calculated on cost price,
therefore, actual profit percentage

= {25 }/{75}×100=33.33 \%

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