: Find out how to get profit or loss percent #IndiaNEWS #Education Today Hyderabad: This is in continuation to the last article focusing on profit and loss topic. Here are practice questions along with

Find out how to get profit or loss percent #IndiaNEWS #Education Today
Hyderabad: This is in continuation to the last article focusing on profit and loss topic. Here are practice questions along with solutions that will help you in your preparation for the State government recruitment tests.
1. Oranges are bought at rate of Rs 7 for 3. At what rate per 100 must they be sold to gain 33%?
a) Rs 57 b) Rs 63 c) Rs 68 d) Rs 56
Ans: a
Solution: Cost price of 1 orange = 3/7
??? Cost price of 100 oranges
= 3/7 × 100 = 300/7
Since 100% = 300/7
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