Question:-
A dear sells a radio set at Rs. 900 and makes 80% profit on his investment. If he can sell it at Rs. 200 more, his profit as percentage of investment will be :
Option (A)
160
Option (B)
180
Option(C)
100
Option(D)
120
Correct Option:
(D)
Question Solution:
C.P = {(900 x (100)) / (100+80)} = 500
S.P. if he sells at 200 more = 900 + 200 = 1100
\ Profit (in %) = ((1100-500)/500) x 100 = 120%
question-answer-faq-8740