Multiple Choice Questions on A farmer purchased a piece of land for Rs 18 lakh and sports Rs 5 lakh for registration fending etc ........... for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

A farmer purchased a piece of land for Rs 18 lakh and sports Rs 5 lakh for registration fending etc ...........

Quantitative Aptitude (RRB NTPC) Profit and loss
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    A farmer purchased a piece of land for Rs. 18 lakh and sports Rs. 5 lakh for registration, fending, etc. He sold it for Rs. 24.57 lakh. Find his profit in percentage?

    15% 

    Incorrect Answer

    14.15%

    Incorrect Answer

    16.5% 

    Incorrect Answer

    6.83%
     

    Correct Answer
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    Explanation:

     Total CP= 18+5=23 lakh
    Total SP= 24.57 lakh
    Profit %=(24.57-23)*100%/23
    =6.83%

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