Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
Pratik sells a water heater for Rs. 5,500. If the variable price of the product is 70% of its selling price, the profit earned by Raghav is:
Options:
Rs.3,850
Rs.2,600
Rs.1650
Rs.1550
Correct Answer:
Rs.3,850