Multiple choice

A dealer makes a profit of Rs. 120 by selling a commodity for Rs. 930. Find his profit percent.

  1. 12.9%

  2. 14.81%

  3. 14%

  4. 12.8%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Profit = 120, Selling Price = 930. Cost Price = 930 - 120 = 810. Profit percent = (120 / 810) * 100 = 1200 / 81 = 14.8148%.

AI explanation

The profit is Rs. 120 and the selling price is Rs. 930, so the cost price is 930 - 120 = Rs. 810. Using the profit percentage formula, (Profit/Cost Price)*100 gives (120/810)*100. This calculates to 14.81%.