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CLAT Sample Paper CLAT Sample Paper-11

  • question_answer
    A man buys to articles for Rs 8 and sells them at the rate of Rs 1.25 per article. His gain per cent is

    A)  55%                            

    B)        \[56\frac{1}{4}%\]                   

    C)        40%                            

    D)        None of these

    Correct Answer: B

    Solution :

    Cost price by 10 articles (CP) = Rs 8 Selling price of 10 articles \[(SP)=1.25\times 10\] = Rs 12.50 Profit = SP - CP =12.50-8 = Rs 4.50 \[\therefore \] Gain % \[=\frac{Gain\times 100}{CP}\] \[=\frac{4.50\times 100}{8}=56\frac{1}{4}%\]


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