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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
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Answer Posted / vishal
buying price per fruit is = 24/16= 1.5
selling price per fruit is =18/8=2.25
profit per fruit=2.25-1.5=.75
so profit on 16 fruit is=16*.75=12
so 12 is the 50% of 24
so total profit is 50%
| Is This Answer Correct ? | 13 Yes | 3 No |
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