Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 788

Q.  If Harsh sold a match ticket for Rs.340 at a profit of 25%, at what price did he purchased the ticket?
- Published on 06 Jul 15

a. 280
b. 255
c. 300
d. 272

ANSWER: 272
 
Cost price = Selling price/(1 + profit percent)
= 340/(1 + 0.25) = 340/1.25
= Rs.272

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲