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Quantitative - Mathematics - Word Problems:

Profit and Loss

MCQ - 111-12878

Question:

A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent

  1. 1%
  2. 2%
  3. 3%
  4. 2%

Correct Answer: D

Explanation:

C.P. = 27.50

S.P. = 28.60

Gain = 28.60 - 27.50 = Rs. 1.10

Gain%=( Gain Cost × 100)% = ( 1.10 27.50 × 100)% = 4%

Record Performance

1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.

Read the MCQ statement: A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 111-12878.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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