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Pranay calculates his profit on selling price and finds it to be 16 2/3%. What is the actual profit percentage?
a) 10%
b) 20%
c) 16%
d) 25%
Read Solution (Total 3)
-
- ans is 20%
- 9 years agoHelpfull: Yes(3) No(5)
- Let SP be 100/- and so profit is 16(2/3) = 50/3
Now CP = (100-50/3) = 250/3
Thus Profit % = (50/3)/(250/3) X 100%
= 20% - 8 years agoHelpfull: Yes(1) No(0)
- go through option
- 9 years agoHelpfull: Yes(0) No(3)
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