Multiple Choice Questions on Naman bought a bike for Rs 18000 He spent 20 of the amount that he had paid for buying it for its re........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    Naman bought a bike for Rs.18000. He spent 20% of the amount that he had paid for buying it for its repair. He then sold the bike to Charu and earned a profit of 25%. Find the amount paid by Charu to Naman.

    Rs.44000

    Incorrect Answer

    Rs.38000

    Incorrect Answer

    Rs.33000

    Incorrect Answer

    Rs.27000

    Correct Answer
    Explanation:

    Total cost of the bike = 18000*1.20 = Rs.21600
    Amount paid by Charu = 21600*1.25 = Rs.27000


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