Question : Mohit earns a profit of INR 54 on selling a pencil for INR 144. What is the profit percentage?
Option 1: 60%
Option 2: 35%
Option 3: 40%
Option 4: 70%
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: 60%
Solution :
Mohit earns a profit of ₹54 on selling a pencil for ₹144
Profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times 100$
Cost price = Selling price – Profit
Profit percentage = $\frac{54}{144-54}\times 100$ = 60%
$\therefore$ The profit percentage earned by Mohit is 60%.
Hence, the correct answer is 60%.
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Answer Key | Cutoff | Selection Process | Preparation Tips | Eligibility | Application | Exam Pattern
Get Updates BrochureYour Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.




