Uma sold an article for 3400 and got a profit of 25%. If he had sold the article for Rs. 3265. How much profit% would Uma have got ?
A) 22%
B) 27%
C) 20%
D) 18%
Answers
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Answer:
C) 20%
Explanation:
Given
125% ---- 3400
=> 100% ---- ?
=> ? = 3400x100/125 = 2720
=> Cost price of the article = Rs. 2720
Profit when article sold at Rs. 3265 = 3265 - 2720 = 545
Hence, Profit% = Gain x 100/cost price
=> P% = 545 x 100/2720
=> P% = 20%
C) 20%
Explanation:
Given
125% ---- 3400
=> 100% ---- ?
=> ? = 3400x100/125 = 2720
=> Cost price of the article = Rs. 2720
Profit when article sold at Rs. 3265 = 3265 - 2720 = 545
Hence, Profit% = Gain x 100/cost price
=> P% = 545 x 100/2720
=> P% = 20%
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