Profit and loss

Quantitative Aptitude ( CCS)

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Naman bought a bike for Rs.18000. He spent 20% of the amount that he had paid for buying it for its repair. He then sold the bike to Charu and earned a profit of 25%. Find the amount paid by Charu to Naman.

Rs.44000

Rs.38000

Rs.33000

Rs.27000

Explanation:

Total cost of the bike = 18000*1.20 = Rs.21600
Amount paid by Charu = 21600*1.25 = Rs.27000

Hence, option 4 is the correct answer.

By: Amit Kumar

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