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Anil purchases bottle for Rs. 3550 and spend Rs. 50 on it for its Packing. If he sells the bottle at Rs. 3816, then what is the percentage of profit?1. 6%2. 6.08%3. 7.38%4. 7.49% |
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Answer» Correct Answer - Option 1 : 6% Given: Cost price of bottle is Rs. 3550 Price for packing Rs. 50 Selling price of bottle is Rs. 3816 Formula Used: Profit percentage = {(SP – CP)/CP} × 100 Calculation: Actual CP of bottle = Rs. (3550 + 50) = Rs. 3600 Gain = Rs. (3816 – 3600) = Rs. 216 Gain percentage = 216/3600 × 100 = 6% ∴ Gain% is 6%. |
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