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Railways PYQCBT 1 2016

RRB NTPC · Question 12

An article was sold at a profit of 12.5% for Rs. 2,250. What was the amount of profit?

  1. Rs. 275

  2. Rs. 250

  3. Rs. 225

  4. Rs. 300

Show answer & explanation

Answer: (B) Rs. 250

Explanation

Selling price = cost price × 1.125, so CP = 2,250/1.125 = Rs 2,000. Profit = 2,250 − 2,000 = Rs 250.