Accenture
Company
Numerical Ability
Profit and Loss
A hat vendor bought hats at Rs 5 per 3 hats. He sold them at Rs 10 per 4 hats. What was his profit percentage?
a) 25
b) 50
c) 30
Read Solution (Total 3)
-
- Option B 50%
Cp of one hat=5/3
Sp of one hat=10/4
profit=10/4-5/3=5/6
profit%=profit/cp*100
5/6/5/3*100=50% - 13 years agoHelpfull: Yes(12) No(0)
- common factor of 4 and 4 is 12 after 12 hat sell sp =30 and for purchase 12 hat cp = 20 profit =10 wh is 50 % of cp
- 5 years agoHelpfull: Yes(0) No(0)
- => cp of 1 hat = 5/3.
sp of 1 hat = 10/4.
profit = sp-cp =10/4-5/3=5/6
profit%= profit/cp*100 = 5/6/5/3*100 = 50%
ans = 50% - 4 years agoHelpfull: Yes(0) No(0)
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