Quantitative - Mathematics - Word Problems:

Profit and Loss

MCQ - 434-13201

Question:

A Basket Ball team raised some money. The members used 74% of the money to buy uniforms, 18% for equipment, and remaining $216 for a team party. How much money did they raise?

2700
5400
234
5400
1200

Correct Answer: A

Explanation:

A Basket Ball team raised some money. The members used 74% of the money to buy uniforms, 18% for equipment, and remaining $216 for a team party. How much money did they raise?

Remaining percent = 100 - 74 - 18 = 8%

216 is 8% of the total

Total amount raised × $\frac{8}{100}$ = 216

Total amount raised = 216 × $\frac{100}{8}$

= 2700

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

Read the MCQ statement: A Basket Ball team raised some money. The members used 74% of the money to buy uniforms, 18% for equipment, and remaining $216 for a team party. How m .... y did they raise? , 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. 434-13201.

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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