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    Question

    P bought an article for Rs. 400 and sold it at a profit

    of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?
    A 5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 12% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer

    Solution

    Cost price of P =400 SP at the 10% profit =400×110/100 SP=440 If SP =460 Increasing profit =460-440=20 Increasing profit percentage = (20/400) ×100 =5%

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