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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-3

  • question_answer
    A shopkeeper purchases 11 knives in Rs. 10 and sells them at the rate of 10 knives for Rs. 11. He earns a profit of

    A)  11%                

    B)  15%

    C)  20%                

    D)  21%

    Correct Answer: D

    Solution :

    Percentage profit. \[=\frac{11\times 11-10\times 10}{10\times 10}\times 100\] \[\,=21%\]


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