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Railways R.R.C. (Ahmedabad) Solved Paper Held on 1st Shift 9-11-2014

  • question_answer
    A book was sold for RS. 27-50 with a profit of 10%. If it was sold for RS. 25-75, then what would have been the percentage of loss or profit?

    A) Loss 3%           

    B) Profit 2%

    C) Profit 3%          

    D) Loss 2%

    Correct Answer: C

    Solution :

    \[C.P.=\frac{27.50\times 100}{110}\]              \[=Rs.25\]       \[S.P=Rs.25.75\] Now, profit percentage \[=\frac{(25.75-25)}{25}\times 100\] \[=\frac{0.75}{25}\times 100\] = 3% (profit)


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