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

    Question

    A laptop was sold for ₹40,500, resulting in a 10%

    loss. If it had been sold for ₹52,200 instead, what would the profit percentage have been?
    A 8% Correct Answer Incorrect Answer
    B 16% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 22% Correct Answer Incorrect Answer

    Solution

    Cost price of the laptop = 40500 ÷ 0.9 = Rs. 45,000 So, percentage of profit earned if the laptop was sold for Rs. 52,200 = {(52200 - 45000)/45000} x 100 = (7200/45000) x 100 = 16%

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