Multiple Choice Questions on A coal merchant makes a profit of 200 by selling coal at Rs 25 per quintal If he sells the coal at R........... for CDS Exam Preparation

Profit and loss

Quantitative Aptitude (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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    A coal merchant makes a profit of 200% by selling coal at Rs. 25 per quintal.If he sells the coal at Rs. 22.50 per quintal ,what is his profit percent on

     the whole investment?

     

    168%

    Incorrect Answer

    180%

    Incorrect Answer

    170%

    Correct Answer

    200%

    Incorrect Answer
    Explanation:

    Selling price S.P=25
     profit %=(S.P-C.P)/C.P
     200%=(25-C.P)/C.P
     2 C.P=25-C.P    
     C.P=25/3
     profit %=(S.P- C.P)100/C.P
     =(22.50-25/3)100/(25/3)
     =(67.5-25)100/(25/3)
     =(42.5/3)100/(25/3)
     =4250/25
     =170%


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