Multiple Choice Questions on What will be percentage profit after selling an article at a certain price if there is a loss of 30 ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

What will be percentage profit after selling an article at a certain price if there is a loss of 30 ...........

Quant (SSC) Profit and loss
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    What will be percentage profit after selling an article at a certain price if there is a loss of 30% when the article is sold at 1/3 of the previous selling price?

    80%

    Incorrect Answer

    90%

    Incorrect Answer

    100%

    Incorrect Answer

    110%

    Correct Answer
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    Explanation:

    sp/3 = (70/100)*cp
    sp = (210/100)*cp
    now profit percent = [[(210/100)*cp – cp]/cp]*100 = 110

    By: Amit Kumar
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