What will be the Percentage of Profit on Article? If

Some articles were bought at the rate of Rs.5 per 6 articles and sold at the rate of Rs.6 per 5 articles. Profit percent is:

  1. 44%
  2. 33%
  3. Cannot be said
  4. None of these
Monis Rasool Professor Asked on 13th June 2015 in Maths.
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  • 1 Answer(s)

    Answer: (4) None of these.
    Explanation:-

    Cost price of 6 articles = Rs.5
    Then, cost price of 1 article = 5/6

    Selling price of 5 articles = Rs.6
    Then, the selling price of 1 article = 6/5

    Profit = 6/5 – 5/6
    = (36 – 30)/30
    = 6/30 = 1/5
    Profit% = (1/5) x 100/(5/6)
    = 6 x 100/25
    = 24 %

    Hence, the profit % is 24%.

    Anurag Mishra Professor Answered on 13th June 2015.
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