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

25%

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40%

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50%

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60%

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None of these

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Solution

The correct option is C
50%

C.P. of 16 fruits = Rs. 24. S.P. of 16 fruits = Rs.36

$∴$ Profit% = $\frac{36 - 24}{24} \times 100 = 50 %$

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

The correct option is C 50% C.P. of 16 fruits = Rs. 24. S.P. of 16 fruits = Rs.36 ∴ Profit% = 36−2424×100=50%

The correct option is C
50%

C.P. of 16 fruits = Rs. 24. S.P. of 16 fruits = Rs.36

$∴$ Profit% = $\frac{36 - 24}{24} \times 100 = 50 %$