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A man bought some fruits at the rate of 16 for Rs. 24 and
sold them at the rate of 8 for Rs. 18. What is the profit
per cent?

(a) 50%

(b) 60%

(c) 40%

(d) 25%

(e) None of these

Answer Posted / ramyashree

cost of 16 fruits=RS.24 therefore 1.5 each
8 fruits sold for Rs.18(a) therefore 2.25 each
8 fruits unsold costing 1.50 each c.p=Rs.12(b)
profit=a-b=6
profit percentage = 6/24*100= 25%
Ans is 25%

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