Sir / madam,
My question is
In selling an article for Rs.76, there is profit of 52%. If
it is sold for Rs.75 the profit percent will be
a. 44
b. 46
c. 48
d. 50
Advance Thanks,
R.Rengaraj
{SCE 12/2008/Pg 2 of 85}
{On this forum my 1st Question.}
Answer Posted / keyrthy
i think:
as given
selling price is: Rs.76
for which profit: 52%
now,
let original cost of the article be 'x'
as per given data: x+(52x/100)=76
i.e (100x+52.x)=7600
152x = 7600
x = 50
so the original cost is Rs.50
now, let the unknown % profit be 'y'
the 2nd selling price is:Rs.75
i.e 50+(50.y/100)=75
(50.y/100)=25
(50.y)=2500
y =(2500/50)
y =50
As per our assumption the percent of profit is y which is 50 therefore if the article is sold for 75 rupees it means that 50% profit is obtained.
pls xcuse me if the answer is wrong as i am a student doing my 2nd B.Tech now.
Thank you
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