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Which of the following transactions is the best in terms of percentage profit?A. Cost price = 60 rupees, profit = 29 rupeesB. Cost price = Rs. 40, Profit = Rs. 17C. Cost price = Rs 50, profit = Rs 21D. Cost Price = Rs. 30, Profit = Rs. 141. B2. A3. C4. D |
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Answer» Correct Answer - Option 2 : A Given: A. Cost price = Rs. 60, Profit = Rs. 29 B. Cost price = Rs. 40, Profit = Rs. 17 C. Cost price = Rs 50, profit = Rs 21 D. Cost Price = Rs. 30, Profit = Rs. 14 Formula used: Profit percentage = (P/CP) × 100 where, P is Profit CP is Cost price Calculations: (1) When Cost Price is Rs. 60 and Profit is Rs. 29 Profit percentage = (P/CP) × 100 ⇒ Profit percentage = (29/60) × 100 ⇒ Profit percentage = 48.33% (2) When Cost Price is Rs. 40 and Profit is Rs. 17 Profit percentage = (P/CP) × 100 ⇒ Profit percentage = (17/40) × 100 ⇒ Profit percentage = 42.5% (3) When Cost Price is Rs. 50 and Profit is Rs. 21 Profit percentage = (P/CP) × 100 ⇒ Profit percentage = (21/50) × 100 ⇒ Profit percentage = 42% (4) When Cost Price is Rs. 30 and Profit is Rs. 14 Profit percentage = (P/CP) × 100 ⇒ Profit percentage = (14/30) × 100 ⇒ Profit percentage = 46.66% ∴ The maximum profit percentage is 48.33%. |
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