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Discussion :: IBPS BANK EXAM TEST 4

  1. Mr. Bagdi purchased an Air Conditioner for Rs. 12,000 and sold it for Rs. 15000, What was the profit percentage ?
    2. A.

    25
    B.

    35
    C.

    20
    D.

    15
    E.

    None of these

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    Answer : Option A

    Explanation :

    Tricky approach

    Profit percentage = (S.P - C.P)/C.P   * 100

    = (15000 - 12000) / 12000   *  100     =  25

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