Question 78

A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?

Solution

Share

It is given that profit on 100 articles = SP of 75 articles

100(SP-CP) = 75*SP

4(SP-CP) = 3SP

SP = 4CP

Profit = $$\ \frac{\ SP-CP}{CP}\times\ 100$$

=$$\ \frac{\ 4CP-CP}{CP}\times\ 100$$

=300%

C is the correct answer.

Get AI Help

Video Solution

video
View More Questions From Profit and Loss

Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 200+ previous papers with solutions PDF
  • Top 5000+ MBA exam Solved Questions for Free

SNAP Quant Questions | SNAP Quantitative Ability

SNAP Functions, Graphs and Statistics QuestionsSNAP Inequalities QuestionsSNAP Time, Speed and Distance QuestionsSNAP Number Systems QuestionsSNAP Averages, Ratio and Proportion Questions

SNAP DILR Questions | LRDI Questions For SNAP

SNAP Logical Reasoning QuestionsSNAP Data Interpretation Questions

SNAP Verbal Ability Questions | VARC Questions For SNAP

SNAP Para Jumbles QuestionsSNAP Para Summary QuestionsSNAP Reading Comprehension QuestionsSNAP Vocabulary QuestionsSNAP Grammar and Sentence Correction Questions

Free SNAP Quant Questions

SNAP InequalitiesSNAP Time, Speed and DistanceSNAP Functions, Graphs and StatisticsSNAP Number SystemsSNAP Linear EquationsSNAP Data SufficiencySNAP Progressions and SeriesSNAP Venn DiagramsSNAP Probability, CombinatoricsSNAP GeometrySNAP Logarithms, Surds and IndicesSNAP Profit and LossSNAP Averages, Ratio and ProportionSNAP Quadratic Equations

Related Formulas With Tests

SP - CP - Discount - Marked Price

Book Free CAT Mentorship

Get personalized CAT strategy from a 99%iler

500+ students mentored
CAT mentor

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Enroll Now
Ask AI