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Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-14

  • question_answer
    A man gains 20% by selling an article for a certain price. If he sells it at double the price. the percentage of profit will be
     

    A) 40                                

    B) 140

    C) 100                              

    D) 120

    Correct Answer: B

    Solution :

    Let the CP be Rs. 100.
    \[\therefore \]      SP = Rs. 120
    New      SP = Rs. 240
    Profit \[=Rs.(240-100)=Rs.\,140\]
    \[\therefore \] Profit percentage \[=\frac{140}{100}\times 100=140\]%
     


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