Directions: Study the following table and answer the questions given below:

   Average sale price to customer in US$
U S A  India 
 Personal computers Basic  1,600  1,800
 Advanced  2,000  2,600
 Dot matrix printers  300  270
Colour Moniters  250  250
Keyboard  30  30
1)

If a person purchases 20 Advanced PCs in U. S. A and sells them in India, what will be the percentage profit?.


A) 30

B) 15

C) 20

D) 25

Answer:

Option A

Explanation:

Amount to buy 20 Advanced PCs in USA = 20 x 2000 = 40000

Amount to sell 20 Advanced PCs in India = 20 x 2600 = 52000

Profit Gained = Selling price - Cost price = 52000 - 40000 = 12000

profit Percentage = $\frac{profit}{Cost Price}\times 100=\frac{12000}{40000}\times 100=30$