If he sells 40 mangoes, he will get the selling price of 4
mangoes extra, What is his percentage increase in profit ?
Answers were Sorted based on User's Feedback
Answer / namashkar
I have seen a few say 25% as an answer to this. But looks
like their math isn't good and is extremeley complex to
have an asnwer of 25% to this question. Consider - Rs.1.00/-
per mango; so 40 mangoes = Rs.40.00/-, implies Rs.4.00/-
extra at the end of the deal. So he's left with Rs.44.00/-
after selling 40 mangoes implies a profit of Rs.4.00/- over
Rs.40.00 = 44/40 = 110% which means his profit is 10%.
Hope this helps...
Thanks.
Is This Answer Correct ? | 48 Yes | 16 No |
Actually, question itself is wrong. In question its not
given that how much profit he was gaining earlier which
means if we consider Rs.1 as selling price then his/her
total selling price is Rs.40, but as he's earning 4 extra
Rps. for selling 40 mangoes,so now its Rs.44. But we don't
know his earlier profit, so can we calculate increase in
profit. Because earlier profit may be 20 Rps. or 30 Rps. or
whatever. So increase of 4 Rps. will have different increase
in percent of profit.
Is This Answer Correct ? | 12 Yes | 3 No |
Answer / pankaj rawat
in this case its not possible to find out 25% and it can come
10% as stated above.
plz post it if anyone gets correct answer
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vivek
c.p=cost price=x,assume s.p=selling price=2
((40(s.p)-40(c.p))/40(c.p))*100=4(s.p)
((40(2)-40x)/x)*100=8
((80)-40x)/x)*100=8
((8000)-4000x)=8x
x=.905
40*c.p=36
profit =(8/36)*100
profit % =25%
Is This Answer Correct ? | 3 Yes | 3 No |
Business Analytics What's the difference between logistic and linear regression? How do you avoid local minima?
The Parallelogram PQRS, the line RS have midpoint T from line PQ. What is the ratio of Triangle PTS / parallelogram PQRS?
I make a folder in my comp. system. It having number of file (word, excel, p.point etc) how can protect complete folder.
City A population is 68000, decreasing at a rate of 80 per year City B having population 42000 increasing at a rate of 120 per Year. In how many years both the cities will have same population
5 Answers Accenture, CMC, Zycus Infotech,
if on a salary s per month, a tax of x% of the salary and another of r% of the salary is deducted what is the income.
If a and b are positive integers and (a-b)/3.5 = 4/7, then the relation between a and b is
2 Oranges,3 bananas and 4 apples cost rs.15 . 3 Oranges 2 bananas 1 apple costs rs 10. What is the cost of 3 oranges, 3 bananas and 3 apples
one question on: -=+,*=-,/=* etc then 10/5*45=?
hello all,i had applie vizag steel plant enternce exam pattern,any body plse send me my mailid madanmca.2008@gmail.com,
A dishonest hairdresser uses a mixture having 5 parts after-shave lotion and 3 parts water. After taking out some portion of the mixture, he adds equal amount of water to the remaining portion of mixture such that the amount of after shave lotion and water become equal. Find the part of mixture taken out.
One year payment to the servant is Rs. 200 plus one shirt. The servant leaves after 9 months and receives Rs. 120 and a shirt.Then find the price of the shirt.
where are the famous elephanta caves?