A) 150%
B) 200%
C) 300%
D) 350%
PROFIT LOSS
Important Formulas:
S.P=Sale price , C.P = Cost price
IF Sale price is more than cost price mean S.P>C.P then we obtain profit
Profit = S.P-C.P
IF Sale price is less than cost price mean S.P<C.P then we obtain Loss
Loss = C.P-S.P
Gain% = [100*Gain]/C.P …. ( iii ) , Loss%= [ 100*Loss]/C.P
If terms of gain, we used following formula:
S.P=[ 100 +Gain]/100 * C.P
If terms of loss, we used following formula:
S.P=[ 100 – loss]/100 * C.P
A toy is sold for Rs. 220, what was the cost if the rate of profit was 10% of the cost?
A) Rs.196
B) Rs.198
C) Rs.200
D) Rs.210
A man bought some toys at the Rs. 60 and sold them Rs.50. Find his loss percent?
A) 10%
B) 16.6%
C) 25.8%
D) 30%
An article is purchased for Rs. 450 and sold for Rs. 495. Find the gain percent?
A) 10%
B) 20%
C) 25%
D) 30%