Multiple choice

Aarati bought 10 dresses at Rs 6300. She paid Rs 200 extra as expenses. If she sold all the dresses at the cost of Rs 780 per dress, how much percentage profit or loss does she make?

  1. 20% profit

  2. 20% loss

  3. 40% profit

  4. 30% profit
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost = 6300 + 200 = 6500. Selling price = 10 * 780 = 7800. Profit = 7800 - 6500 = 1300. Profit percentage = (1300 / 6500) * 100 = 20%.

AI explanation

The total cost price becomes 6300 plus 200, which equals Rs 6500. The total selling price for 10 dresses is 10 multiplied by 780, resulting in Rs 7800. Using the profit percentage formula, the profit is (1300 divided by 6500) multiplied by 100, which results in a 20% profit.

Keep practicing — related questions