Question

Sangeetha travels from Mangaluru to Bengaluru to buy goods which are 20% cheaper in Bengaluru than in Mangaluru. If she earns ₹ 720 by selling the goods in Mangaluru, calculate her profit percent. Assume that she spent ₹120 on travelling.

• A. 4.25 %
• B. 5.40 %
• C. 3.45 %
• D. 3.9 %

Answer 1

The correct option is C 3.45 %

According to the question,
Cost of the goods in Mangaluru = ₹720
Discount in Bengaluru = 20%

Cost of the goods in Bengaluru = 80% ₹720 = 80100720 =₹576

Now, net cost of the goods (including overhead charges like journey)
= Cost price + Overhead charges
= ₹576 + ₹120 = ₹696
Profit = ₹720 - ₹ 696 = ₹24
Profit % = 24696100 = 3.45%