Multiple Choice Questions

Prasad bought 12 TV sets at Rs18 000 each and sold all of them at a total price of Rs2 59 200 Find h...........

Quantitative Aptitude (MTS) Profit and loss

Prasad bought 12 TV sets at Rs18,000 each and sold all of them at a total price of Rs2,59,200. Find his profit or loss percentage?

This questions was previously asked in

SSC MTS 12th October 2021 Shift-3

profit 15%

loss 15%

loss 20%

profit 20%

- Prasad bought each TV at Rs18,000.

- Total cost price for 12 TVs = 12 × 18,000 = Rs2,16,000.

- Prasad sold all TVs for Rs2,59,200.

- Profit is calculated as Selling Price - Cost Price = Rs2,59,200 - Rs2,16,000 = Rs43,200.

- Profit percentage is calculated as (Profit / Cost Price) × 100 = (43,200 / 2,16,000) × 100 = 20%.

- Profit 15%: Incorrect, as the calculated profit is 20%.

- Loss 15%: Incorrect, no loss occurred.

- Loss 20%: Incorrect, profit was achieved, not a loss.

- Profit 20%: Correct, profit was exactly 20%.

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