SSC CGL 10 Aug 2017 Shift 1 Paper

Question : 57 of 100

Marks: +1, -0

Mohit buys an old bicycle for ₹ 2700 and spends ₹ 500 on its repairs. If he sells the bicycle for ₹ 3520, then what is his profit percentage?

Solution:

Total cost price of the bicycle

= 2700+500 = \₹3200

Selling price of the bicycle = ₹ 3520
∴ Profit percentage

=\Profit/{\Cost \price}×100

={3520-3200}/3200 ×100=10%

Go to Question:

Prev Question

Next Question