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Question

A man bought fruits at the rate of ₹24 for 16 and sold them at the rate of ₹18 for 8. What is the profit percent?


A

25%

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B

40%

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C

50%

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D

60%

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Solution

The correct option is C

50%


Given,

C.P. of 16 fruits = ₹24

S.P of 8 fruits = ₹18

, S.P of 16 fruits =18 × 2 = ₹36

Profit = S.P - C.P = 36 - 24 = ₹ 12

Profit%=Profit × 100C.P

Profit%=362424 × 100=50%


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