Railways PYQCBT 2 2017

RRB NTPC · Question 13

An article was purchased in a fluctuating market on different dates at a unit price of (i) Rs. 11 (ii) Rs. 9, (iii) Rs. 8, and (iv) Rs. 10. It was sold at Rs. 2 above the purchase price. Which article was the most profitable in percentage terms?

  1. (i)

  2. (ii)

  3. (iii)

  4. (iv)

Show answer & explanation

Answer: (C) (iii)

Explanation

A fixed Rs 2 profit is the largest percentage on the smallest cost: 2/8 = 25% for item (iii), compared with 18%, 22% and 20%.