Profit and Loss - Arithmetic Aptitude Questions and Answers

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If a retail seller buys 30 pencils at the marked price of 27 pens, find the profit percent.

11(1/9)%

9(1/11)%

10%

20%

Answer : Option A

Explanation :

ATQ, if the retailer seller purchase 27 pens, he have gained 3 pens extra
i.e., profit = 3 pens, and C.P = 27
Apply profit % formula:

P% = (profit/C.P) * 100

P% = (3/27) * 100 = 100/9 So, the Profit % = 11(1/9) %.

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