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    3. Quantitative Aptitude
    4. Profit and loss
    5. A bought an article at 30% less of the marked price and sold it at 12% more than the marked price. F

    Question

    A 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 62% Correct Answer Incorrect Answer
    B 63% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 64% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100 ∴ C.P. = 100 - 30 = 70 And, S.P. = 100 + 12 = 112 Profit= 112 - 70 = 42 Profit % = 42/70 × 100 = 60%

    Practice Next
      More Profit and loss Questions
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    Relevant for Exams:

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