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An item bought for 250 rupees is sold for 300 rupees. What is the percentage profit?
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Subject
Quantitative
Topic
Arithmetic
Subtopic
Profit and Loss
Reviewed by Super AdminEditorial Policy
medium
20%
25%
15%
18%
Correct Answer
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Explanation
Profit = 300 - 250 = 50. Profit percentage = (50 / 250) x 100 = 20%.…
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Concept Behind This Question
This question focuses on the concept of Profit and Loss under the broader topic of Arithmetic.
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Question Details
- Subject:
- Quantitative
- Topic:
- Arithmetic
- Subtopic:
- Profit and Loss
- Difficulty:
- medium
- Source:
- GAT.2025
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