Correct option is A
Given:
Selling Price (SP) = Rs. 3500
Cost Price (CP) = Rs. 2800
Formula Used:
Profit Percent = [(SP - CP) / CP] * 100
Solution:
Profit = SP - CP = 3500 - 2800 = Rs. 700
Profit Percent =
Given:
Selling Price (SP) = Rs. 3500
Cost Price (CP) = Rs. 2800
Formula Used:
Profit Percent = [(SP - CP) / CP] * 100
Solution:
Profit = SP - CP = 3500 - 2800 = Rs. 700
Profit Percent =
Suggested Test Series
Suggested Test Series
Atul bought a bicycle at three-fourth price of its marked price and sold it at 20% more than its marked price. What will be the profit percentage?
The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :