Multiple Choice Questions on By selling 20 chairs a shopkeeper earns a profit equal to the selling price of 4 chairs What is his ........... for RRB(NTPC) Exam Preparation

Back to Main Page

Multiple Choice Questions

By selling 20 chairs a shopkeeper earns a profit equal to the selling price of 4 chairs What is his ...........

Quantitative Aptitude (RRB NTPC) Profit and loss
    Download Solution PDF
    By selling 20 chairs, a shopkeeper earns a profit equal to the selling price of 4 chairs. What is his gain per cent?

    20%

    Incorrect Answer

    25%

    Correct Answer

    33.33%

    Incorrect Answer

    15%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Profit and loss
    Prepare through Micro-courses
    Try Now
    Explanation:
    Let the selling price of one chair=x
    Selling price of 20 chairs=20x
    Profit=4x
    Profit=selling price-cost price
    4x=20x-cost price
    Cost price= 20x-4x=16x
    Percentage profit=4x*100/16x=25%

    By: Barka Mirza
    ProfileResources

    Let's Discuss

    Master
    Profit and loss
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free