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Railways R.R.C. (Mumbai) Solved Paper Held on 2-11-2014 - II

  • question_answer
    A shopkeeper purchased 70 kg of potatoes for Rs. 429 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 \[=Rs.\,\,\frac{420}{70}=Rs.\,\,6\,\,per\,\,kg\] Then, profit percentage \[=\frac{(6.50-6)\times 100}{6}\] \[=\frac{0.50\times 100}{6}\] \[=\frac{25}{3}=8\frac{1}{3}%\]


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