Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336 By selling a product with 20% profit, how much profit was earned? I. The difference between cost and selling price is Rs. 40. II. The selling price is 120 percent of the cost price. ?->(Show Answer!)
1. By selling a product with 20% profit, how much profit was earned? I. The difference between cost and selling price is Rs. 40. II. The selling price is 120 percent of the cost price.
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By: guest on 01 Jun 2017 05.48 pm
Gain = 20% I. Profit = (S.P.) - (C.P.) = Rs. 40. Thus, I give the answer. But, II does not give the answer. Correct answer is (A).