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Question

A man sold a radio set for Rs. 250 and gained one-ninth of its cost price. Find the profit percent.

A
117%
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B
718%
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C
1013%
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D
1119%
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Solution

The correct option is D 1119%
Given, S.P.=Rs 250
Gain=19×C.P.
S.P.C.P.=19×C.P.
109×C.P.=Rs 250
C.P.=250×910
C.P.=Rs 225
and, Profit = Rs 25
So, Profit % =ProfitC.P×100=25225×100=1119 %

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