Profit and Loss Questions and Answers 55

SBI-PO-main

David purchased a house for Rs.75000 and a site for Rs.15000 respectively, if he sold the house for Rs.83000 and the site for Rs.10000, then find the resultant percentage of gain?

A. 30 %

B. 330/3 %

C. 31/3 %

D. 3.33 %

Ans: D.

Solution:
Total CP = 90000 & total SP = 93000 ⇒ gain = SP/CP = 93000/90000 = 1.0333 = 3.33%.

Author Profile

IBPS Preparation Team
IBPS Preparation Team
At IBPS Preparation,We provide pathway for any candidate who wishes to shine in the recruitment process of IBPS.

NICL AO

READ  A book was sold for Rs.27.50 with a profit of 10%.If it were sold for Rs.25.75, then what wuould have been the percentage of profit or loss?

Leave a Reply

Your email address will not be published. Required fields are marked *

3 + 7 =


© Copyright 2017 - All Rights Reserved | DesignzRush (OPC) Pvt. Ltd.
Complete Solution for Banking Exams in India
Inline
Inline