Question

if the selling price of an article was 25% more than the profit made would change by rupees 500 if the price was 25% more the profit made would change by rupees 250 find the actual profit made by selling the article
option 1. 275
2. 335
3. 300
4. 250​

Answer 1

Answer:

Correct option is

D

331/3%

This can be understood as below:

If the Selling price is Rs.100

Profit will be 25 % i.e. Rs.25

Hence the cost will become Rs.75 i.e. (Rs.100 - Rs. 25)

Therefore the profit on cost will become = Profit / Cost *100

Profit on cost = Rs.25 *100

Rs.75

Profit on cost will be = 33.33%