Discussion

Q.

A shopkeeper buys toffees at 3 for ₹ 4 and sells all the toffees at  5 for ₹ 8. Find his profit percentage.

A. 16.66%

B. 20%

C. 25%

D. 33.33%

Correct Option is B

Explanation:

  Quantity      Price

CP     3                4       20 (CP)

                              

SP     5                8      24  (SP)

Profit = 24 - 20 = ₹ 4

Profit% = 420×100 =20%

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