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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 / namashkar
I have seen a few say 25% as an answer to this. But looks
like their math isn't good and is extremeley complex to
have an asnwer of 25% to this question. Consider - Rs.1.00/-
per mango; so 40 mangoes = Rs.40.00/-, implies Rs.4.00/-
extra at the end of the deal. So he's left with Rs.44.00/-
after selling 40 mangoes implies a profit of Rs.4.00/- over
Rs.40.00 = 44/40 = 110% which means his profit is 10%.
Hope this helps...
Thanks.
| Is This Answer Correct ? | 48 Yes | 16 No |
Actually, question itself is wrong. In question its not
given that how much profit he was gaining earlier which
means if we consider Rs.1 as selling price then his/her
total selling price is Rs.40, but as he's earning 4 extra
Rps. for selling 40 mangoes,so now its Rs.44. But we don't
know his earlier profit, so can we calculate increase in
profit. Because earlier profit may be 20 Rps. or 30 Rps. or
whatever. So increase of 4 Rps. will have different increase
in percent of profit.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / pankaj rawat
in this case its not possible to find out 25% and it can come
10% as stated above.
plz post it if anyone gets correct answer
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / 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%
| Is This Answer Correct ? | 3 Yes | 3 No |
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