Multiple choice

Ram Yadav bought a computer at $\dfrac { 3 }{ 5 }$ of the selling price and sold it at 10% more than its Selling Price. Find his profit or loss percent

  1. $\dfrac { 100 }{ 3 }$
  2. $\dfrac { 200 }{ 3 }$
  3. $\dfrac { 250 }{ 3 }$
  4. $\dfrac { 201 }{ 3 }$
Reveal answer Fill a bubble to check yourself
B Correct answer
AI explanation

Let the selling price be 100, so the cost price is 3/5 of 100, which is 60. The article is sold at 10% more than the selling price, meaning the new selling price is 100 + 10 = 110. The profit is 110 - 60 = 50, and the profit percent is (50 / 60) * 100, which equals 200/3%.

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