Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A whole seller gives 30 articles to a retailer at the MRP of 27 articles. The retailer sold these articles at marked price. Find percentage of the profit of the retailer.

Options:

11.11%

13\(\frac{1}{9}\)%

11.2%

17.2%

Correct Answer:

11.11%

Explanation:

Let the price of 1 article = Rs. 1

Cost price of 30 article = RS. 27

Selling price = Rs. 30

Profit % = \(\frac{3}{27}\) × 100 = 11.11%