Railways Quantitative Aptitude Profit and Loss Sample Paper Profit and Loss Sample Test Paper-9

  • question_answer
    Sita buys a fridge at 15/16 of its original value and sells it for 10% more than its value. Then the gain% is

    A)  17.33%

    B)  17%

    C)  16.25%

    D)  17.67%

    Correct Answer: A

    Solution :

    [a] Let the original price = Rs. x \[\therefore \] \[CP=\frac{15}{16}x\] \[SP=x+\frac{10}{100}x=\frac{11}{10}x\] \[\therefore \] \[%\,\,gain=\frac{\frac{11}{10}x-\frac{15}{16}x}{\frac{15}{16}x}\times 100%\] \[=\frac{52}{3}%=17.33%\]


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