Railways R.R.C. (Ahmedabad) Solved Paper Held on 1st Shift 2-11-2014

  • question_answer
    A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What was his percentage profit?

    A) \[4\,\,\frac{1}{6}%\]                  

    B) \[8\,\,\frac{1}{3}%\]

    C) \[6\,\,\frac{1}{4}%\]                  

    D) \[20%\]

    Correct Answer: B

    Solution :

    Cost price of potatoes \[=\frac{420}{70}=Rs.\,\,6\,\,per\,\,kg\] Now,     Profit percent      \[=\frac{6.50-6}{6}\times 100\] \[=\frac{0.50}{6}\times 100\] \[=8\frac{1}{3}%\]


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