Subject

    Bank Exam

    Topic

    Bangladesh Krishi Bank 2011 (Sr. Officer)

    On selling an article for certain price, a man loses 30%. What is his loss/profit percent, if he sells the article for double the price?

    ক)
    60% loss
    খ)
    15%loss
    গ)
    40% profit
    ঘ)
    30%profit

    Explanation

    Selling price =100% - 30% = 70% of cost price. New selling price = 2*70% of cost price = 140% of the cost price Profit = 140% – 100% = 40% of cost price.

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