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Profit and Loss

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  1. Charu purchased a dinner set at 3/10th of its selling price and sold it at 10% more than its CP. Find the gain per cent. ?
    1. 15%
    2. 5%
    3. 9%
    4. 10%
Correct Option: D

Let SP = ₹ 100
∴ CP = (3/10) x 100 = ₹ 30
New SP = (30 x 110)/100 = ₹ 33
Gain = 33 - 30 = ₹ 3
Gain % = (3/30) x 100% = 300/30 % = 10%


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