ABC26GN2724 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:
By selling an article, a man makes a profit of $25 \%$ of its selling price. His profit percent is
(a)$16 \frac{2}{3}$
(b)20
(c)25
(d)$33 \frac{1}{3}$
Answer
Explanation
Let the S.P. be ₹ $x$. Profit $=25 \%$ Then, C.P. $=x-25 \%$ of $₹ x=75 \%$ of $₹ x=₹\left(\frac{3}{4} x\right)$. $$\begin{aligned} & \text { Profit }=₹\left(x-\frac{3}{4} x\right)=₹ \frac{x}{4} . \\ & \therefore \text { Profit\% }=\left(\frac{x}{4} \times \frac{4}{3 x} \times 100\right) \%=33 \frac{1}{3} \% . \end{aligned}$$
Explanation as extracted from the printed page; notation may be imperfect.
Open in whiteboard · Browse this chapter in the app