An article is bought for ₹500 and sold at a profit of 10%. What is the selling price?
Correct answer
D. ₹550
Why
Profit = 10% of 500 = 50. Selling price = 500 + 50 = 550.
RBI Assistant / Numerical Ability
RBI Assistant Profit Loss Discount practice questions
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Profit Loss Discount questions with answers
An article is bought for ₹525 and sold at a profit of 12%. What is the selling price?
Correct answer
C. ₹588
Why
Profit = 12% of 525 = 63. Selling price = 525 + 63 = 588.
An article is bought for ₹550 and sold at a profit of 15%. What is the selling price?
Correct answer
B. ₹632
Why
Profit = 15% of 550 = 82. Selling price = 550 + 82 = 632.
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