Arithmetic Aptitude :: Profit and Loss
Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.
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What is the percent profit earned by the shopkeeper on selling the articles in his shop?
I.
Labeled price of the articles sold was 130% of the cost price.
II.
Cost price of each article was Rs. 550.
III.
A discount of 10% on labeled price was offered.
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By selling an article what is the profit percent gained?
I.5% discount is given on list price.
II.If discount is not given, 20% profit is gained.
III.The cost price of the articles is Rs. 5000.
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What was the percentage of discount given?
I.23.5% profit was earned by selling an almirah for Rs. 12,350.
II.If there were no discount, the earned profit would have been 30%
III.The cost price of the almirah was Rs. 10,000.