general math MCQ #120

If a shopkeeper earns 30% profit on a thing; if its price rises 25%, how much profit will he take:

general math MCQ #120

  1. Question 1

    Q1. If a shopkeeper earns 30% profit on a thing; if its price rises 25%, how much profit will he take:

    • A) 25.50%
    • B) 37.50%
    • C) 47%
    • D) 62.50%

    Answer: 62.50%

    Explanation: If cost rises 25% to 125 but selling price stays at 130, profit = 5 on new CP of 125, which equals 62.5% on the original CP of 100.