Arithmetichard · Past Paper
A book was sold for Rs. 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then there would have been a:
A3% profit
B3% loss
C4% profit
D2% profit
✓ Correct Answer: A — 3% profit
CP = 27.50 / 1.1 = 25. New Profit = 25.75 - 25 = 0.75. Profit % = (0.75/25) * 100 = 3%.
Share this question
More from Arithmetic
- An item costing Rs. 200 is sold at a loss of 5%. What is the selling price?
- The cost price of 20 articles is the same as the selling price of 15 articles. Find the profit percentage.
- The value of a car depreciates from Rs 500,000 to Rs 405,000 in 2 years. Find the annual rate of depreciation.
- The difference between SI and CI on a certain sum for 2 years at 4% is Rs. 1. Find the sum.
- If 'R' is the rate per annum, then the semi-annual rate is: