P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage.

P purchase an item for Rs 1200 and sold it on a profit of 10%. If he s

1.	P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage.
A.	5%
B.	10%
C.	12%
D.	15%
Answer» B. 10%

Discussion

No Comment Found

Related MCQs

P invested Rs. A in a business. After six months, Q joined with Rs. 4000 more than that of P. If after one year, ratio of profit of Q to the total profit was 3: 7, then find the value of A.
An article was sold for Rs.4000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25 %. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be:
A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
If the cost price of 15 articles be equal to the selling price of 12 articles, then find the profit percent in the transaction?
A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles . What % profit did he make in the transaction?
A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?
The profit earned by selling an article for Rs. 8320 is equal to the loss incurred when the same article is sold for the Rs. 4480. What should be the selling price for making 45% profit?

P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage.

Discussion

No Comment Found

Related MCQs

Reply to Comment