in Quantitative Aptitude recategorized by
522 views
1 vote
1 vote

What is the profit percent?

I. The cost price is $80$% of the selling price.

II. The profit is Rs. $50$.

  1. if the questions can be answered with the help of both the statements but not with the help of either statement itself.
  2. if the question can not be answered even with the help of both the statements.
  3. if the question can be answered with the help 0 statement II alone
  4. if the question can be answered with the help of statement I alone
in Quantitative Aptitude recategorized by
7.9k points
522 views

1 Answer

0 votes
0 votes
From I,

CP = $\frac{4}{5}$ SP

Profit = SP - CP = $\frac{5}{4}$ CP - CP = $\frac{CP}{4}$

% Profit = $\frac{Profit}{CP}$ * 100

             = $\frac{CP/4}{CP}$ * 100

             = 25 %

So, statement I is alone sufficient but not statement II.

D is the answer.
1.5k points

Related questions

Quick search syntax
tags tag:apple
author user:martin
title title:apple
content content:apple
exclude -tag:apple
force match +apple
views views:100
score score:10
answers answers:2
is accepted isaccepted:true
is closed isclosed:true