A bought an article, paying 5% less than the original price. A sold it with 20% profit on the price he had paid. What percent of profit did A earn on the original price = ?
A. 10
B. 13
C. 14
D. $$\frac{{17}}{2}$$
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & {\text{Real}}\,{\text{Price}} = 100 \cr & {\text{CP}} = 95 \cr & {\text{SP}} = 95 \times \frac{{120}}{{100}} \cr & \,\,\,\,\,\,\,\,\, = 114 \cr & \therefore {\text{Profit}}\% = 14\% \cr} $$Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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