Question
Download Solution PDFArun bought a cycle for ₹ 800 and then sold it for ₹920. What is his profit percentage ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost Price (CP) = ₹800
Selling Price (SP) = ₹920
Formula used:
Profit Percentage = \(\dfrac{SP - CP}{CP} \times 100\)
Calculations:
Profit = SP - CP
⇒ Profit = 920 - 800
⇒ Profit = 120
Profit Percentage = \(\dfrac{120}{800} \times 100\)
⇒ Profit Percentage = \(\dfrac{120 \times 100}{800}\)
⇒ Profit Percentage = 15%
∴ The correct answer is option (3).
Last updated on Jun 5, 2025
-> UP Police Constable 2025 Notification will be released for 19220 vacancies by June 15th 2025.
-> UPPRPB Constable application window is expected to open in June 2025.
-> UP Constable selection is based on Written Examination, Document Verification, Physical Measurements Test, and Physical Efficiency Test.
-> Candidates can attend the UP Police Constable and can check the UP Police Constable Previous Year Papers. Also, check UP Police Constable Exam Analysis.