Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A scooter was bought for ₹30000 and a repair charge of ₹3000 was incurred. It was sold for ₹39600. What was the profit percentage?

Options:

10

20

25

15

Correct Answer:

20

Explanation:

The cost price of the scooter = 30000

Repair cost = 3000

Total cost price = 30000 + 3000 = 33000

Selling price = 39600

Profit = 39600 - 33000 = 6600

Profit % = 6600 × \(\frac{100}{33000}\)  = 20%