Question

A man bought 12 articles for rs. 10 and sold 10 articles for rs.12. Find his actual profit percentage

Answer 1

C. P of 12 articles = ₹10
C. P of 1 article = 10/12
C. P of 10 articles = 8.33
S. P of 10 articles = ₹10
Profit =S.P-C.P
= ₹10-8.33
= 1.67
Profit% = Profit/C.P×100%
= 1.67/8.33× 100%
= 20%

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Answer 2

His actual profit percentage is 44%

Step-by-step explanation:

Cost of 12 articles = Rs.10

Selling price of 10 articles = Rs.12

Selling price of 1 article = $\frac{12}{10}$

Selling price of 12 articles =$\frac{12}{10} \times 12=Rs.14.4$

Profit = SP - CP = Rs.14.4 - Rs.10 = Rs.4.4

Profit % = $\frac{Profit}{Cp} \times 100$

Profit % =$\frac{4.4}{10} \times 100$

Profit % = 44%

Hence his actual profit percentage is 44%

#Learn more:

A trader calculates his profit on the selling price and says it is 20%.find the actual profit percentage.

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