Profit and Loss Practice Test 9

Question : 36 of 40

Marks: +1, -0

Which a toy manufacturer reduced the selling price by 50%, the number of toys sold radically increased by 300%. Initially the manufacturer got a profit of 200%. What is the percentage of increase in his profit?

160 %
0%
120%
100%
None of three

Validate

Solution:

\table \CP ,\Profit ,\SP ,\Units \sold ,\Net \profit;100 ,200 ,300 ,1 ,\Rs 200 × 1 = 200;100 ,50 ,150 ,4 ,\Rs 50 × 4 = 200

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