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Railways PYQCBT 2 2017

RRB NTPC · Question 49

Jeeva purchased an article for Rs. 2500 and sold it at 25% above cost and paid a tax of Rs. 125. Find the post-tax profit in rupees.

  1. 500

  2. 550

  3. 475

  4. 625

Show answer & explanation

Answer: (A) 500

Explanation

SP = 2500 × 1.25 = 3125, so the profit before tax = 625. After paying Rs 125 tax, the profit = Rs 500.