Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A helmet is sold for ₹1,650 at a profit of 10%. If the selling price is ₹2,100, then what will be the profit percentage?

Options:

30%

25%

40%

60%

Correct Answer:

40%

Explanation:

First SP of the helmet = 1650

Profit%  = 10%

CP of the helmet = 1650 × \(\frac{100}{110}\) = 1500

Second SP = 2100

Profit (New) = 2100 - 1500 = 600

Profit% (New) = 600 × \(\frac{100}{1500}\) = 40%