Multiple Choice Questions on A store sells a watch for a profit of 25 of the cost Then the percentage of profit against selling p........... for SSC CGL Exam Preparation

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Multiple Choice Questions

A store sells a watch for a profit of 25 of the cost Then the percentage of profit against selling p...........

Quantitative Aptitude (CGL) Profit and loss
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    A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is

    22%

    Incorrect Answer

    20%

    Correct Answer

    18%

    Incorrect Answer

    15%

    Incorrect Answer
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    Explanation:

    Let CP of watch= Rs. x;
    SP = 1.25x;
    % profit= (SP-CP)*100/SP = 0.25x*100/1.25x = 20%.

    By: MIRZA SADDAM HUSSAIN
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