MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Finding Increase or Decrease Percentage in Situations

A man purchas...

Question

A man purchased an article at some price and sold it at price 15% more than what he had invested. Then the profit percentage for the man is

A

10%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

15%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

20%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

16%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B 15%
Let the cost price of the article = Rs. x
Selling price of the article = Rs 1.15x
Profit = Selling price - Cost price
= Rs 1.15x - Rs. x
= Rs. 0.15 x
Profit ~percentage $= \frac{0.15 x}{x} \times 100 = 15$

Suggest Corrections

thumbs-up

2

Similar questions

Q. Richa purchased an article at

\frac{4}{5}

of its list price and sold it for

20 %

more than the list price. Richa's profit per cent was

Q. A man sold an article at a loss of

20 %

. If he had sold it for Rs.

12

more, then he would have gained

10 %

. The cost price of the article is

20 %

by selling an article for a certain price. If he sells it at double the price then find percentage of profit.

Q. A man sells an article at 5% above its cost price he had bought it at 5% less than what he paid for and sold it for Rs.2 less, he would have gain 10%. Find the cost price of the article.

Q. A man sells an article at

5 %

above its cost price. If he had bought it at

5 %

less than what he paid for it and sold it for

R s . 2

less, he would have gained

10 % .

Find the cost price of the article.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Finding the Increase or Decrease in Percent

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Finding Increase or Decrease Percentage in Situations

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon