Multiple Choice Questions on An article when sold for Rs 200 fetches 25 percent profit What would be the percentage profit loss i........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

An article when sold for Rs 200 fetches 25 percent profit What would be the percentage profit loss i...........

Quantitative Aptitude ( CCS) Profit and loss
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    An article when sold for Rs.200 fetches 25 percent profit. What would be the percentage profit/loss if 6 such articles are sold for Rs. 1056?

    10% loss

    Incorrect Answer

    10% profit

    Correct Answer

    5% loss

    Incorrect Answer

    5% profit

    Incorrect Answer
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    Explanation:

    sp=200
    profit%=25
    cp=200/1.25=160
    6 article cp=6*160=960
    sp=1056
    profit%=(1056-960)100/960=10%

    By: MIRZA SADDAM HUSSAIN
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