Question

9
Head office sent goods to its branch at invoice price. Invoice price is 25 percentage plus on original price. How many
percentage of profit will be on Invoice price ?
25 percentage
20 percentage
75 percentage
60 percentage
33,33 percentage
100 percentage

Answer 1

Answer:

Let us assume the cost to be 100

Then, loading on cost price at 33-1/3% will be 100 x 33-1/3% = 33.33

This means, invoice price = cost price + loading = 100 + 33.33 = 133

Now, percentage of loading on invoice price = {(133.33 - 100) / 133.33} x 100 = 25%.

Explanation:

Answer 2

Answer:

The correct answer is Option B i.e. 20%.

Explanation:

Step 1:

Let us assume that the original price of goods is 100.

Step 2:

Let us calculate the invoice price.

The additional price on original price is 25%.

The additional price = 100 x 25% = 25.

Hence,

The invoice price = Original price + surplus

The invoice price = 100 + 25

The invoice price = 125.

Step 3:

Let us calculate the profit.

Profit = Final price - original price

Profit = 125 - 100

Profit = 25

Step 4:

Let us calculate the percentage of profit on invoice price.

Percentage of profit = $\frac{Profit}{Invoice price} * 100$

Percentage of profit = $\frac{25}{125} * 100$

Percentage of profit = 20%

Step 5:

Hence, the answer is 20%.

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