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A grocer purchases 10 kilograms of rice at Rs. 120 per kilogram and sells at Rs. 126 per kilogram. The grosser gained _____ percent.
  1. 3%
  2. 4%
  3. 5%
  4. None of these
Explanation

CP = 10 × 120 = 1200

SP = 10 × 126 = 1260

Profit = 1260 - 1200 = 60

Profit% = (60/1200) × 100 = 5%


Last verified on 13-03-2026

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