Gujarati
Hindi
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

Similar Questions

Start a Free Trial Now

Confusing about what to choose? Our team will schedule a demo shortly.