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A man bought some fruits at the rate of 16 for Rs. 24 and
sold them at the rate of 8 for Rs. 18. What is the profit
per cent?

(a) 50%

(b) 60%

(c) 40%

(d) 25%

(e) None of these

Answer Posted / francis

cost price(c.p) of one fruit = 24/16
(c.p) = Rs 1.50
selling price(s.p) of one fruit = 18/8
(s.p) =Rs 2.25
profit for one fruit = 2.25 - 1.50 = 0.75

profit
profit % = ----------- * 100
cost price

0.75
= ------- * 100
1.50

= 50%

Is This Answer Correct ?    92 Yes 6 No



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