Arindam bought an article for Rs. 1330 and sold it for Rs. 1520. Find the profit%.

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RRB NTPC Exam 20 Jan 2021 click here to view all questions

Arindam bought an article for Rs. 1330 and sold it for Rs. 1520. Find the profit%.

A0.1428

B0.1666

C0.1625

D0.125

Akhilesh ? Apr 12 '25 at 08:27

correct answer is: option a : 0.1428
Explanation: To find the profit percentage, we first need to calculate the profit amount, which is the selling price minus the cost price. Then, we divide the profit by the cost price and multiply by 100 to express it as a percentage.

Profit = Selling Price - Cost Price

= Rs. 1520 - Rs. 1330

= Rs. 190. Profit %

= (Profit / Cost Price) * 100

= (190 / 1330) * 100

≈ 14.28%.

Therefore the profit percentage is approximately 14.28%. This can be expressed as 0.1428 in decimal terms

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correct answer is: option a : 0.1428 Explanation: To find the profit percentage, we first need to calculate the profit amount, which is the selling price minus the cost price. Then, we divide the profit by the cost price and multiply by 100 to express it as a percentage. Profit = Selling Price - Cost Price = Rs. 1520 - Rs. 1330 = Rs. 190. Profit % = (Profit / Cost Price) * 100 = (190 / 1330) * 100 ≈ 14.28%. Therefore the profit percentage is approximately 14.28%. This can be expressed as 0.1428 in decimal terms Akhilesh ? answered Apr 12 '25 at 08:27

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