Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man bought an old printer for Rs 2200 and spent Rs 800 on its repair. He sold it for Rs 3600. Find his profit percentage.

Options:

30%

20%

15%

25%

Correct Answer:

20%

Explanation:

Total money spent on the old printer = buying price + repair 

                                   = Rs (2200 + 800) = Rs 3000

Selling price = Rs 3600

Profit = Rs 600

Profit % = $\frac{600}{3000}$ x 100 = 20%