Question

If the purchase price of an article
is 30% less than the selling price
of that article, what will be the
profit percentage? (a) 33.33% (b)
37.5% ((c) 30% (d) 42.86% ​

Answer 1

Let S.P. of the article = Rs. 100

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30∴ C.P. of the article = 100 – 30 = Rs. 70

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30∴ C.P. of the article = 100 – 30 = Rs. 70Profit = S.P. – C.P.

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30∴ C.P. of the article = 100 – 30 = Rs. 70Profit = S.P. – C.P.= Rs. 100 – Rs. 70 = Rs. 30

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30∴ C.P. of the article = 100 – 30 = Rs. 70Profit = S.P. – C.P.= Rs. 100 – Rs. 70 = Rs. 30Profit % = Profit/C.P. × 100

Let S.P. of the article = Rs. 10030% of S.P. = Rs. 30/100 × 100 = Rs. 30∴ C.P. of the article = 100 – 30 = Rs. 70Profit = S.P. – C.P.= Rs. 100 – Rs. 70 = Rs. 30Profit % = Profit/C.P. × 100= 30/70 × 100 = (300/7) % = 42. 6/7%42.86% is the correct answer

Answer 2

Answer: option D, 42.86%