BD Merit - Freelancing, BCS, Bank, Primary, Admission, NTRCA

1 . The selling price of 8 shirts is equal to the purchase price of 10 shirts . What is the profit margin ?

A. 15%
B. 20%
C. 25%
D. Not possible to find out

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Answer: Option C

Explanation:

CP of 10 shirts = SP of 8 shirts Let the CP of 1 shirt be Tk. x CP of 10 shirts = 10x SP of 8 shirts = 10x SP of 1 shirt = 10x/8 Profit = SP - CP = (10x/8) - x = 2x/8 The profit margin = (Profit/ CP) *100 = {(2x/8)/x}*100 = 25%

Bangladesh Bank - Assistant Director - 2001

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