Question

I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?

• A. 20%
• B. 25%
• C. 30%
• D. 40%

Answer 1

Answer:

D. 40%

CP : SP = 100 : 140 Profit = 140 - 100 = 40 Profit % = (40/100) × 100 = 40%