arrow
arrow
arrow
A book was purchased for Rs. 1,020 and sold for Rs. 1,224. Find the profit percentage.
Question

A book was purchased for Rs. 1,020 and sold for Rs. 1,224. Find the profit percentage.

A.

18%

B.

19%

C.

21%

D.

20%

Correct option is D

Given:
Cost Price (CP) = 1020
Selling Price (SP) = 1224
Formula Used:
Profit %=ProfitCP×100\text{Profit \%} = \frac{\text{Profit}}{\text{CP}} \times 100
Solution:

Profit=12241020=204 Profit %=2041020×100 Profit %=20%\text{Profit} = 1224 - 1020 = 204\\\ \\\text{Profit \%} = \frac{204}{1020} \times 100\\\ \\\text{Profit \%} = 20\%​​

Free Tests

Free
Must Attempt

SSC CGL T-I Similar Paper (Held on 12 Sep 2025 S2)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

SSC CGL T-I GA Section Test 01

languageIcon English
  • pdpQsnIcon25 Questions
  • pdpsheetsIcon50 Marks
  • timerIcon15 Mins
languageIcon English
Free
Must Attempt

SSC CGL T-I Full Mock Test 1 (Exam Level)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon60 Mins
languageIcon English

Similar Questions

test-prime-package

Access ‘SSC GD’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
383k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow