Question 33

Ravi sold goods for ₹ 6250 and made a profit of 25% in the process. What would have been his profit percent if he had sold the same goods for ₹ 6000?

Solution

Selling price =6250 and profit %=25

C.P=$$\ \frac{\ 6250\times\ 100}{125}=5000$$

Profit% =$$\ \frac{\ 6000\ -\ \ 5000}{5000}\times\ 100=20$$

Hence option 'C' is correct.

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