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 / 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%
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