A shopkeeper buys a watch for Rs. 4,000 and sells it for Rs. 4,500. His profit percentage is:

  1. 500%
  2. 12.5%
  3. 11.11%
  4. 17.5%
Answer

B) 12.5%

Profit = 4500 - 4000 = 500. Profit % = 5004000 100 = 12.5% (always on cost price). SLO M-09-A-09 · Application

Mathematics MCQ · More Real Numbers MCQs · Practise