By selling an article for Rs. 100 a man gains Rs.15. Then, his gain % is -
A. 15%
B. $$12\frac{2}{3}$$%
C. $$17\frac{{11}}{{17}}$$%
D. $$17\frac{1}{4}$$%
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & {\text{S}}{\text{.P}}{\text{.}} = {\text{Rs}}{\text{. }}100 \cr & {\text{Gain}} = {\text{Rs}}{\text{. }}15. \cr & \therefore {\text{C}}{\text{.P}}{\text{.}} = {\text{Rs}}.\left( {100 - 15} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}85 \cr & {\text{Gain }}\% = \left( {\frac{{15}}{{85}} \times 100} \right)\% \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{300}}{{17}}\% \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 17\frac{{11}}{{17}}\% \cr} $$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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