New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    When an article is sold for Rs. 9,000/-, the

    profit earned by the seller is 20%. Had the article been sold at Rs. 4,500/-, what would have been the profit or loss %?
    A 22% profit Correct Answer Incorrect Answer
    B 35% profit Correct Answer Incorrect Answer
    C 40% loss Correct Answer Incorrect Answer
    D 15% profit Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    S.P of an article = Rs 9000 Profit = 20 % C.P = 9,000 x`(100)/(100 + 20)` = 7500 If S.P = Rs 4,500 Loss = C.P- S.P = 7500- 4500 = 3,000 Loss% = `(3000)/(7500)` [if gte msEquation 12]> 3000 7500 [if !msEquation]--> [endif]-->× 100 = 40% loss

    Practice Next

    Relevant for Exams: