Multiple Choice Questions on What per cent of profit made by a shopkeeper on cost price if gross profit is 26 of the selling........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

What per cent of profit made by a shopkeeper on cost price if gross profit is 26 of the selling...........

Quantitative Aptitude ( CCS) Profit and loss
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    What per cent of profit made by a shopkeeper on cost price if gross profit is 26% of the selling price?

    17.16

    Incorrect Answer

    74.00

    Incorrect Answer

    35.13

    Correct Answer

    88.40

    Incorrect Answer
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    Explanation:

    Let the selling price of the article be 100.

    Profit = 26

    Cost price of the article = 100 – 26 = 74

    Reqd.% = (34/74) x 100 =  35.13%

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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