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Railways PYQCBT 1 2016

RRB NTPC · Question 81

P bought an article for Rs. 1600 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 1840? A. 5% B. 10% C. 12% D. 15%

  1. D

  2. A

  3. B

  4. C

Show answer & explanation

Answer: (B) A

Explanation

At a 10% profit, the SP is 1600 × 1.1 = Rs 1,760. If sold for Rs 1,840, the profit is 240, which is 240/1600 × 100 = 15%. The profit percentage rises by 15 − 10 = 5 points.