Arun bought a cycle for Rs. 800 and then sold it for Rs. 920 . What is his profit percentage? - Quantitative Aptitude MCQ Competitive Exams 2026 | ExamTest.live

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Arun bought a cycle for Rs. 800 and then sold it for Rs. 920 . What is his profit percentage?

Solution & Step-by-step Explanation

Given parameters: Cost Price (CP) = Rs. 800 Selling Price (SP) = Rs. 920 Calculating Profit: Profit = SP - CP = 920 - 800 = Rs. 120 Calculating Profit Percentage: Profit Percentage = (\frac{Profit}{CP}) \times 100 Profit Percentage = (\frac{120}{800}) \times 100 = \frac{120}{8} = 15%

Try it yourself before checking the explanation above.

Arun bought a cycle for Rs. 800 and then sold it for Rs. 920 . What is his profit percentage?

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30

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