Akram sold a plot at Rs 60,000 and the cost of the plot is Rs 57,000 then the profit he earns is?

A) 3.23%

B) 5.23%

C) 10.32%

D) 6.32%

C.P = 57,000       S.P= 60,000

Profit = S.P – C.P 

Profit = 60,000 – 57,000 = 3000

% Profit = ( 3000/57,000) * 100 = 5.23%

 

Related MCQs:
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  2. A bookseller sold a book for RS 40.00 to make a profit of 15%.in order to earn a profit of 20%. he should have sold it for?
  3. A toy is sold for Rs. 220 What was the cost if the rate of profit was 10% of the cost?
  4. A doll is sold for Rs. 220. What was the cost of doll if rate of profit was 10% of the cost?