Subject

    Quantitative Aptitude

    Topic

    Profit & Loss

    Arif incurred a loss of 25% by selling a used mobile phone set at taka How much could he gain/loss by selling it at 2,200 taka?

    ক)
    10% loss
    খ)
    20% gain
    গ)
    10% gain
    ঘ)
    20% loss

    Explanation

    25% loss means 75% of the original price. 75% = 1500 100% = 1500*100/75 = 2000 tk Now, 2000 tk = 100% then, 2200 tk = 100*2200/2000 = 110% Now, gain is = 110 - 100 = 10%

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