Question

A' spends Rs. 100 on articles worth Re. each, Rs. 2 each , Rs.3 each and Rs.5 each. If he buys 42 articles, which of the following cab be the number of Rs. 3 article

Answer 1

Let us assume CP = Rs. 100.

Then Profit = Rs. 80 and selling price = Rs. 180.

The cost increases by 20% → New CP = Rs. 120, SP = Rs. 180.

Profit % = 60/120 * 100 = 50%.

Therefore, Profit decreases by 30%.