ixambee.com
New RBI Grade B 2025 Notification will come Soon! Enroll Here

    • My Home
      • Dashboard
      • My Account
      • My Courses
      • My Performance
      • Packages
      • Logout
    • youtube Free Videos
      Youtube VideosLive Classes RBI Grade BLive Classes SEBI Grade ALive Classes IBPS PO & RRB
    • Previous Year Paper
    • Exams
    • Online Course
    • Free Mock Test
    • General Awareness
    • Daily Practice
    • All Courses
    • Private Jobs New
    • Testimonials
    ixambee mentorbee
    1. Home
    2. Questions
    3. Quantitative Aptitude
    4. Profit and loss
    5. A man bought an article at 30% less of the marked price and sold it at 12% more than the marked pric

    Question

    A man bought an article at 30% less of the marked

    price and sold it at 12% more than the marked price. Find the profit earned by him.
    A 55% Correct Answer Incorrect Answer
    B 60% Correct Answer Incorrect Answer
    C 45% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100
    ∴ cost price = 100 - 30 = 70
    And, selling price = 100 + 12 = 112
    Profit = 112 - 70 = 42
    Profit % = 42/70 x 100 = 60%

    Practice Next
      More Profit and loss Questions
    • An increase in the expected rate of inflation

    • What is the target Fiscal Deficit as a % of GDP for FY23 in the Union Budget 2022-23?

    • In a market economy

    • Find the value of Lerner index if P=10 and MR= 5

    • The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....

    • Mean and Standard deviation of 100 observation is 50 and 10 respectively. What will be the new mean and Standard deviation if each observation is multip...

    • According to monetarists view, in the long-run, the Philips curve

    • Consider an economy described by the following equations:

      C = 100 + 0.6 ∗ (Y − T) (consumption function)

    • In a portfolio investment?

    •   Mean salary of total 100 employees was given to be 800. Also, mean salary of male and female employees was 400 and 900 respectively. Find the percent...

    Relevant for Exams:

    • ICAR IARI Assistant

    Please Register/Login to Download Question

    I Pledged to:

    Please Enter Details

    call-back
    Please enter Name We'll never share your email with anyone else.
    Please enter Correct Mobile Number We'll never share your email with anyone else.

    Thank You

    +91-9205524028 Available Mon-Sat (10 AM to 7 PM)

    [email protected]

    © ATOZLEARN EDUTECH PRIVATE LIMITED All rights reserved.

    Update Address

    Please enter complete address
    Please enter pincode
    Please enter State
    Please enter City

    Download the app

    ×
    QR Code
    Get Started with ixamBee

    Start learning 50% faster. Sign in now

    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Please enter Mobile Number Please enter valid Mobile Number
    Email id already Exists Please Enter valid Email Address
    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Mobile Number id already Exists Please Enter valid Mobile Number
    Please enter valid OTP Mail sent on your email