Question Detail

Which among following options are true relating to this question :

Ram sold a card and makes 20% profit out of it, how much profit he actually earned ?

1. Difference between cost price of card and selling price of card is Rs. 40.
2. Selling price of card is 120% of cost price of card.

  • Either 1 and 2 are sufficient to answer
  • Either 1 and 2 are not sufficient to answer
  • 1 is sufficient to answer alone, 2 is not sufficient to answer
  • 2 is sufficient to answer alone, 1 is not sufficient to answer
Similar Questions :

1. A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.

  • 130%
  • 140%
  • 150%
  • 160%

2. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit

  • 70%
  • 80%
  • 90%
  • None of above

3. A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss ?

  • 2% Profit
  • 3% Profit
  • 2% Loss
  • 3% Loss

4. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.

  • Rs.1200
  • Rs.1230
  • Rs.1260
  • Rs.1290

5. If the cost price of 12 items is equal to the selling price of 16 items, the loss percent is

  • 20%
  • 25%
  • 30%
  • 35%
Read more from - Profit and Loss Questions Answers