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If he sells 40 mangoes, he will get the selling price of 4
mangoes extra, What is his percentage increase in profit ?
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Answer Posted / 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 |
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