An article when sold for Rs. 960 fetches 20% profit.what would be the1/4th profit /loss if 5 such article are sold for Rs.825 each.
Answers
therefore
1/4th of 192 is 48 rs
The 1/4th profit if 5 such article are sold for Rs.825 each is Rs.31.25.
Step-by-step explanation:
Given : An article when sold for Rs. 960 fetches 20% profit.
To find : What would be the 1/4th profit /loss if 5 such article are sold for Rs.825 each ?
Solution :
The Selling price is SP=Rs.960
Profit%=20%
The cost price is
Substitute the value,
The cost price is Rs.800.
5 such article is sold for Rs.825 each.
Which means there is a profit 825-800=25.
i.e. There is a profit of Rs.25 on one article.
The profit on 5 such article is
Now,
Therefore, Rs.31.25 is the 1/4th profit if 5 such article are sold for Rs.825 each.
#Learn more
An article when sold for Rs.200 fetches 25% profit. What would be the percentage profit/loss
if 6 such articles are sold for Rs.1056?
a) 10% loss b) 10% profit c) 5% loss
d) 5% profit e) None of these
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