Question

Which of the following transactions is the best when considering the corresponding profit percentage?

• A. Cost price Rs. 40, profit Rs.15
• B. Cost price Rs. 60, profit Rs.24
• C. Cost price Rs. 36, profit Rs.18
• D. Cost price Rs. 50, profit Rs.24

Answer 1

Answer:

C. Cost price Rs. 36, profit Rs.18

Profit % for option 1 = (15/40) * 100 = 37.5% Profit % for option 2 = (24/60) * 100 = 40% Profit % for option 3 = (18/36) * 100 = 50% Profit % for option 4 = (24/50) * 100 = 48% Max profit % is for option 3.