- A12
- B15
- C10.7
- D10
Step-by-Step Solution
Profit = 1400 − 1250 = ₹150. Profit % %. (10.7 comes from wrongly dividing by the selling price.)
Answer: A) 12
Lata buys a backpack for ₹1250 and sells it for ₹1400. What is her profit percentage?
Competition practiceProfit, Loss & Discount
Master this topic in 30 minutes a day.
Don't just memorise the answer — build a daily practice habit.
Practice 5 Similar Questions Free →All Profit, Loss & Discount practice questions
More Profit, Loss & Discount practice
Selling a mixer-grinder for ₹1,710 gives a dealer a 5% loss. What should its selling…A clothing shop in Surat tags a sweater 65% above its cost and then gives a 20% festive…A dealer sells two bicycles at ₹1,980 each, gaining 10% on one and losing 10% on the…A invests ₹6,000 for 12 months and B invests ₹8,000 for 6 months in a business. If the…Three partners A, B and C invest in a business in the ratio 3:5:8 for the same period.…