Question

goods sold by dinesh to ekta of Rajasthan costing 150000 at a profit of 33 1/3% on cost

Answer 1

1/3 on on cost means 1/4 on profit.ie

We calculate selling price as cost+ profit.hence profit on cost means profit/cost

Here profit is 1 and cost is 3 so

Profit on sale will be 1/4.in all cases profit will be in numerator