Profit and loss

Quantitative Aptitude (MTS)

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Ritika bought each set of 10 shirts at Rs. 8000 and sold at Rs. 12000 for 12 shirts. Find out the profit or loss percentage.

This questions was previously asked in

SSC MTS 18th July 2022 Shift-1

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7% Profit

7.25% Profit

8% Loss

6.25% Loss

Explanation:

Correct option is 4: 6.25%

The cost price of each Shirt is (8000/10) = Rs 800
The selling price of each Shirt is (9000/12) = Rs 750 Loss after selling each Shirt is 800 - 750 = Rs 50
So the Loss percentage is (50/800) x 100 = 6.25%

By: santosh

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