Question

1. If a man buys an article at 2/3rd of its value and sells it for 100/3 % more than its value, what is his profit
percent based on cost?
(a) 50%
(b) 75%
(c) 100%
(d) 80%
(e) 125%
​

Answer 1

Answer:

e

Step-by-step explanation:

125% I think it's right

Answer 2

Step-by-step explanation:

He buys 2/3rd of it value = 66.66 percent of its original value.

its original value is 100 percent .

he sells for more than 100/3 of its value = original value percentage + more than value he sells 100 + 33.33 = 133.33

now we have to subtract his purchase percentage from selling percentage = 133.33-66.66 = 66.67 percent

now his profit percentage is 66.67 percent.