Defence Exam  >  Defence Questions  >  A Chair is sold for Rs. 900 at 50% profit whe... Start Learning for Free
A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.
  • a)
    75%
  • b)
    50%
  • c)
    100%
  • d)
    25%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A Chair is sold for Rs. 900 at 50% profit when profit is calculated on...
GIVEN:
Selling price = Rs. 900
Profit on selling price = 50%
FORMULA USED:
Profit % = Profit / CP × 100
CP = SP – Profit
CALCULATION:
Profit = 900 × 50/100 = Rs. 450
So, cost price = 900 - 450 (selling price - profit)
= 450
Profit on cost price = 450/450 × 100 = 100%
View all questions of this test
Most Upvoted Answer
A Chair is sold for Rs. 900 at 50% profit when profit is calculated on...
GIVEN:
Selling price = Rs. 900
Profit on selling price = 50%
FORMULA USED:
Profit % = Profit / CP × 100
CP = SP – Profit
CALCULATION:
Profit = 900 × 50/100 = Rs. 450
So, cost price = 900 - 450 (selling price - profit)
= 450
Profit on cost price = 450/450 × 100 = 100%
Explore Courses for Defence exam
A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer?
Question Description
A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. 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 A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer?.
Solutions for A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Defence. Download more important topics, notes, lectures and mock test series for Defence Exam by signing up for free.
Here you can find the meaning of A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A Chair is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price.a)75%b)50%c)100%d)25%Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Defence tests.
Explore Courses for Defence exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev