Arithmetic Ability
Profit and Loss

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Q.

Uma sold an article for 3400 and got a profit of 25%. If he had sold the article for Rs. 3265. How much profit% would Uma have got ?

View Answer

Correct choice: C

Explanation:

Given 125% ---- 3400 => 100% ---- ? => ? = 3400x100/125 = 2720 => Cost price of the article = Rs. 2720 Profit when article sold at Rs. 3265 = 3265 - 2720 = 545 Hence, Profit% = Gain x 100/cost price => P% = 545 x 100/2720 => P% = 20%
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