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- Quantitative Aptitude
7.Profit and Loss
medium
Ram purchases a chair at $Rs.\, 70$ and spent $Rs$. $17$ on its repair and $50$ paise on cartage. If he sold the chair at $Rs.\, 100$ then his approximate margin of profit in $\%$ will be?
A
$13.30$
B
$11.25$
C
$12.5$
D
$14.3$
Solution
Total $CP = Rs .[70+17+0.5]= Rs .87 .50$
$SP = Rs .100$
Profit $\%=\frac{12.50}{87.50} \times 100=14.3 \%$
Standard 13
Quantitative Aptitude