Profit & Loss Mcqs


Q.  By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

a. 35%
b. 30%
c. 40%
d. 42 6/7%


ANSWER: See Answer
 
SP = CP + g

50 SP = 50 CP + 15 SP

35 SP = 50 CP

35 — 15 CP gain

100 — ? => 42 6/7%
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