JIPMAT 2025 (QA) - Selling price of a glass is ₹ 1,965 and loss percent is 25%. If its selling price is ₹ 3,013, then what will be profit percent? | PYQs + Solutions

JIPMAT 2025

Arithmetic

Profit & Loss

Medium

Selling price of a glass is ₹ 1,965 and loss percent is 25%. If its selling price is ₹ 3,013, then what will be profit percent?

13%

10.40%

15%

20%

✅ Correct Option: 3

=₹ 1965

Loss

\% = 25 \%

Let,

x

be the Cost Price, then

\newline

Loss

\% = \dfrac{CP - SP}{CP} \times 100

25 = \dfrac{x - 1965}{x} \times 100

\dfrac{x} {4}= {x - 1965}

x= {4x - 7860}

3x= {7860}

x = 2620

Profit

\% = \dfrac{SP - CP}{CP} \times 100

Profit

\% = \dfrac{3013 - 2620}{2620} \times 100

Profit

\% = \dfrac{393}{262} \times 10

Profit

\% = \dfrac{30}{2}

Profit

\% = 15 \%

Hence, the correct option is Option 3.

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JIPMAT 2025 (QA) PYQs

Selling price of a glass is ₹ 1,965 and loss percent is 25%. If its selling price is ₹ 3,013, then what will be profit percent?

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