Profit and loss

Quantitative Aptitude ( CCS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The printed price of an article is Rs. 900 but the retailer gets a discount of 40%. He sells the article for Rs. 900. Retailer's gain per cent is

200/3

205/3

C.P. of Article = 60% of 900
= 60*900/100= Rs.540
S.P. of Article = Rs. 900
Profit = 900 - 540 = Rs. 360
Profit % = 360*100/540
= 200/3