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Profit and Loss Practice Test 4
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© examsnet.com
Question : 26
Total: 40
A man sells a calculator at the rate of Rs 285 each, which includes a profit of 14%. What amount of profit will he earn in 19 days, if he sells seven calculators per day?
Rs 4,665
Rs 4,565
Rs 4,545
Rs 4,655
None of these
Validate
Solution:
The SP of the calculator = Rs 285
Profit per cent = 14%
CP =
100
100
+
gain
%
×
S
P
=
100
114
×
285
=
250
Profit = SP - CP = 285 - 250 = Rs 35.
One day profit = 35 × 7 = Rs 245
19 days’ profit = 245 × 19 = Rs 4,655
© examsnet.com
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