Profit and loss

Quantitative Aptitude (CHSL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A profit of 20% is made when an article is sold for Rs 720. What will be the profit % if the same article is sold for Rs 630?

12%

Let x% is the required profit. So
630 = [(100+x)/100] * [100/120 * 720]
Solving, we get, x = 5% profit

Hence, option 4 is the correct answer.