Question

    Atul sells goods to a customer at a profit of P%. If the

    cost price of the goods for the customer is ₹1,50,000 and Atul makes a profit of ₹30,000, then what is the value of P?
    A 22 Correct Answer Incorrect Answer
    B 25 Correct Answer Incorrect Answer
    C 20 Correct Answer Incorrect Answer
    D 28 Correct Answer Incorrect Answer

    Solution

    Customer's CP = Atul's SP = 1,50,000 Profit = 30,000 Atul CP=1,50,000 -30,000 = 1,20,000 Profit percentage: P% = (30,000 /1,20,000 × 100 =1/4 × 100 = 25%

    Practice Next