ABC26GN2604 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:

By selling an article for ₹ 100, a man gains ₹ 15. Then, his gain \% is

(a)15\%

(b)$12 \frac{2}{3} \%$

(c)$17 \frac{11}{17} \%$

(d)$17 \frac{1}{4} \%$

Answer

Answer (as printed): C

Explanation

S.P. $=₹ 100$, Gain $=₹ 15$. $\therefore \quad$ C.P. $=₹(100-15)=₹ 85$. Gain $\%=\left(\frac{15}{85} \times 100\right) \%=\frac{300}{17} \%=17 \frac{11}{17} \%$.

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

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