Question 155

The cost price of an article is Rs.1700. If it was sold at a price of Rs.2006, what was the percentage profit on the transaction?

Solution

Profit = S.P. - C.P. = 2006 - 1700

= Rs. 306

=> Profit % = $$\frac{306}{1700} * 100$$

= 18%


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App