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Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?
  • a)
  • b)
  • c)
    50
  • d)
    100
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Profit obtained on selling an article for Rs. 540 is equal to the loss...
Let its cost price be Rs. Y
From the problem’s statement
⇒ 540 - x = x – 370
⇒ 2x = 910
⇒ x = 455
If it was sold for Rs. 910
⇒ Profit = 910 - 455 = 455
⇒ Profit % = Profit × 100/CP = 455 × 100/455
⇒ Profit % = 100
∴ The profit percentage will be 100%
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Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?a)b)c)50d)100Correct answer is option 'D'. Can you explain this answer?
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Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?a)b)c)50d)100Correct answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?a)b)c)50d)100Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?a)b)c)50d)100Correct answer is option 'D'. Can you explain this answer?.
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