If a person purchases an item at Rs3 000 and he sells it at 10 profit then find the selling price of...........

Quantitative Aptitude (MTS) Profit and loss

If a person purchases an item at Rs3,000 and he sells it at 10% profit, then find the selling price of the item.

This questions was previously asked in

SSC MTS 18th July 2022 Shift-2

Rs3,100

Rs3,200

Rs3,400

Rs3,300

- To find the selling price with a 10% profit, first calculate the profit amount.

- Profit = 10% of Rs3,000 = 0.10 * 3,000 = Rs300.

- Add the profit to the original price to find the selling price.

- Selling Price = Original Price + Profit = Rs3,000 + Rs300 = Rs3,300.

Option:1, Rs3,100 - This would imply a profit less than 10%.

Option:2, Rs3,200 - This is also less profit than required.

Option:3, Rs3,400 - This would mean more than a 10% profit.

Option:4, Rs3,300 - This matches the 10% profit calculation.

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