Profit and Loss

Solve the question of and select the option from the choices A through D/E. Check your Answer and view the explanation.

Question: 7

Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.

Rs. 22000
Rs. 24000
Rs. 26000
Rs. 28000

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Correct Answer: B

C.P. = 10000 + 5000 + 1000 = 16000

150% of 16000 = $\frac{150}{100}$ × 16000 = 24000

Profit and Loss

Question: 7

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Correct Answer: B

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