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A tablet is sold for ₹ 6612.5 at a profit of 15%. What would have been the actual profit or loss, if it had been sold for ₹ 5380?

A tablet is sold for ₹ 6612.5 at a profit of 15%. What would have been the actual profit or loss, if it had been sold for ₹ 5380?

A tablet is sold for ₹ 6612.5 at a profit of 15%. What would have been the actual profit or loss, if it had been sold for ₹ 5380?

  • A. ₹ 370
  • B. ₹ 410
  • C. ₹ 480
  • D. ₹ 340
 

The correct answer is option A. 370. Can you explain this answer in the comments?


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1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

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A tablet is sold for ₹ 6612.5 at a profit of 15%. What would have been the actual profit or loss, if it had been sold for ₹ 5380?




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About the Author

Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

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