Question

A man bought some fruits at the rate of 16 for rs.24 and sold them at the rate of 8 for rs.18. What is the profit percent? Select one: a. 25% b. 40% c. 60% d. 50%

Answer 1

cost price(c.p) of one fruit = 24/16
(c.p) = Rs 1.50
selling price(s.p) of one fruit = 18/8
(s.p) =Rs 2.25
profit for one fruit = 2.25 - 1.50 = 0.75

profit
profit % = ----------- * 100
cost price

0.75
= ------- * 100
1.50

= 50%

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Answer 2

50%

Step-by-step explanation:

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