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Aptitude · Q281

Profit And Loss

Competitive Exams · Aptitude · question 281

Q281

Raghavan purchased a scooter at 1315 of its selling price and sold it at 12% more than its selling price. His gain is = ?

Raghavan purchased a scooter at of its selling price and sold it at 12% more than its selling price. His gain is = ?
A.
20%
B.
30%
C.
%
D.
%
Answer

Answer: Option D

Solution

Answer: Option D
Solution:

If they sold 12% more then its, old selling price.
So, new selling price is

∴ Profit = Selling price - Cost price
              = 16.8 - 13
              = 3.8