Home » Aptitude » Profit and Loss » Question
  1. On selling an almirah for $ 2576, a person got a profit of 12%. Had it been bought for $ 100 less, the profit percent would have been
    1. 11
      1
      %
      9
    2. 13
      1
      %
      3
    3. 17
      1
      %
      11
    4. 17
      9
      %
      11

Correct Option: C

Given in question , SP of the article = $ 2576
on 12% profit ,

CP of the article = 100 × 2576 = $ 2300
112

New CP = $ 2200
Gain = 2576 - 2200 = $ 376
∴ Gain percent =
376
× 100 = 17
1
%
220011



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