ABC26GN2598 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2009 · Marks: · Difficulty:

Harshad bought 15 pieces of DVD players @ ₹ 4500 each and sold all of them at the total price of ₹ 81000. What is the percent profit earned in the deal?

(a)$16 \frac{2}{3}$

(b)20

(c)$20 \frac{1}{2}$

(d)25

(e)None of these

Answer

Answer (as printed): B

Explanation

Total C.P. $=₹(4500 \times 15)=₹ 67500$. Total S.P. $=₹ 81000$. Profit $=₹(81000-67500)=₹ 13500$. $$\text { ∴ Profit } \%=\left(\frac{13500}{67500} \times 100\right) \%=20 \% .$$

Explanation as extracted from the printed page; notation may be imperfect.

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