53
P bought an article for Rs. 400 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?
- A5%
- B10%
- C12%
- D15%
Answer not set
Discussion 1
Log in or create a free account to reply and vote.
0
CCommunity
Cost price = Rs. 400
If selling price = Rs. 460, profit = Rs. 60 = 60/400 × 100 = 15%
Increase in profit % = 15% - 10% = 5%
If selling price = Rs. 460, profit = Rs. 60 = 60/400 × 100 = 15%
Increase in profit % = 15% - 10% = 5%