Anil Kumar sold an article to Rajat for Rs15 000 by losing 25 Rajat sells it to David at a price tha...........

Quantitative Aptitude (MTS) Profit and loss

Anil Kumar sold an article to Rajat for Rs15,000 by losing 25%, Rajat sells it to David at a price that would have given Anil Kumar

a profit of 5%. The profit percentage earned by Rajat is:

This questions was previously asked in

SSC MTS 11th October 2021 Shift-2

25%

40%

42%

30%

- Anil Kumar sold an article to Rajat for Rs15,000 at a 25% loss.

- This means Anil's cost price was Rs20,000 (since 15,000 is 75% of 20,000).

- Rajat sold it to David for a price which would give Anil a 5% profit over his cost price.

- A 5% profit on Rs20,000 is Rs21,000. So, David paid Rajat Rs21,000.

- Rajat's profit = Rs21,000 - Rs15,000 = Rs6,000.

- To find the profit percentage: (Profit/Cost Price) * 100 = (6,000/15,000) * 100 = 40%.

Option 2: 40% is the correct answer.

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