What is the profit percentage if the cost price of 25 pens is equal to selling price of 20 pens?
Show Answer (Detailed Solution Below)Option 4 : 33.3% Given: The cost price of 20 pens is equal to the selling price of 15 pens Formula used: Gain = selling price – cost price Gain % = (Gain × 100)/C.P Calculation: Let cost price be 1 pen is Rs. x Then, the cost price of 15 pens = Rs. 15x The selling price of 15 pens = Rs. 20x According to the question: Gain = 20x – 15x = 5x Gain % = (5x × 100)/15x ⇒ 100/3 = 33.3% ∴ The gain percent is 33.3%. Get proficient with the Quantitative Aptitude concepts with detailed lessons on the topic Profit and Loss among many others.
Correct Answer:
Description for Correct answer: \( \Large \frac{CP}{SP}=\frac{20}{25}=\frac{4}{5}> \)1 = profit profit % \( \Large =\frac{1}{4} \times 100 = 25\% \) Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss
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Correct Option: BLet the C.P. of
each pen be Re. 1.
Your comments will be displayed only after manual approval. How do you find the profit of a 25 on the selling price?Detailed Solution. Given. Profit % on selling price is 25%. Concept used. Profit % = (Profit / CP) × 100. Profit = SP – CP.. Calculation. Let SP be 100x. So, Profit = 25x, As we know, Profit = SP – CP, CP = SP – Profit. CP = 100x - 25x. CP = 75x. Profit% = (25/75) × 100. Profit % = 33.33% Download Soln PDF. Share on Whatsapp.. How do you calculate 20% profit on a selling price?Detailed Solution. Given: Profit percentage = 20% (On selling price). Concept : Profit = Selling Price (SP) – Cost Price (CP) ... . Calculation: Let selling price = Rs.100. ... . ∴ The actual percentage profit is 25%.. Let the CP be x. Let the SP be y. ... . ∴ Actual Profit = [1.25 – 1] × 100 = 25%. Mistake Points.. How do you calculate profit price when selling percentage?Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given ) Cost price =100×Selling Price100+Profit%( when selling price and profit % is given )
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