Profit And Loss Ques 23
Question.
Prasad sold his work tools for $ \text{₹} 1,850$ and earned a profit of 25 per cent. At what price did Prasad buy the work tools ?
(1) ₹ 1,360
(2) ₹ 1,300
(3) ₹ 1,240
(4) ₹ 1,480
(5) None of these
(Indian Bank PO Exam. 02.01.2011)
Show Answer
Correct Answer: (4)
Solution: (4)
C.P. $=\frac{100}{100+\text { Profit per cent }} \times$ S.P. $=\frac{100}{125} \times 1850= \text{₹} 1480$
BETA
