New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A toy is sold for Rs. 900 at 50% profit when profit is

    calculated on selling price. Find the profit% on cost price?
    A 75% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 100% Correct Answer Incorrect Answer
    D 200% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price = Rs. 900 Profit on selling price = 50% Profit = 900*50/100 = Rs. 450 So, cost price = 900 - 450 (selling price - profit) = 450 Profit on selling price =450/450*100 = 100%

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