1.

A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?

Answer»

300%



Let the selling PRICE of each article be Rs. 1. Then, selling price of 100 ARTICLES= Rs. 100, PROFIT on selling 100 articles= Rs. 75, and COST of 100 articles=100-75=Rs.25
Therefore, profit percentage=(75 / 25) X 100=300%



Discussion

No Comment Found