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Quantitative - Mathematics - Word Problems:

Profit and Loss

MCQ - 125-12892

Question:

A shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400

  1. 4%
  2. 5%
  3. 6%
  4. 5%

Correct Answer: D

Explanation:

Gain = 2564.36 - 2400 = 164.36

Gain % = ( 164.36 2400 × 100) = 6.84 % = 7% approx

Record Performance

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

Read the MCQ statement: A shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400 , 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. 125-12892.

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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