A man bought apples at the rate of 6 for Rs 20 and sold them at 4 for Rs 16. His estimated profit % is:

23%

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18%

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20%

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21%

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None of these

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Solution

The correct option is C 20%

% profit = $(\frac{x w}{z y} - 1) \times 100 % = (\frac{6 \times 16}{4 \times 20}) \times 100 %$
$= \frac{16}{80} \times 100 % = 20 %$

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A man bought apples at the rate of 6 for Rs 20 and sold them at 4 for Rs 16. His estimated profit % is:

The correct option is C 20% % profit =(xwzy−1)×100%=(6×164×20)×100% =1680×100%=20%

The correct option is C 20%

% profit = $(\frac{x w}{z y} - 1) \times 100 % = (\frac{6 \times 16}{4 \times 20}) \times 100 %$
$= \frac{16}{80} \times 100 % = 20 %$