ABC26GN2610 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2005 · Marks: · Difficulty:

A person buys an article for ₹ $p$ and sells it for ₹ $q$ thereby gaining $r \%$. The selling price in terms of cost price may be written as

(a)$\frac{p r}{100}$

(b)$\frac{r(100+p)}{100}$

(c)$\frac{p(100+r)}{100}$

(d)$\frac{p(100-r)}{100}$

Answer

Answer (as printed): C

Explanation

C.P. $=₹ p$. Gain $=r \%$. ∴ S.P. $=q$ $=(100+r) \%$ of $₹ p=\frac{p(100+r)}{100}$.

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