Question

If SP of an article is $\frac{4}{3}$ of its CP, then the profit in the transaction is

• A. $33\frac{1}{3}\%$
• B. $30\frac{1}{3}\%$
• C. $50$
• D. $25$

Answer 1

The correct option is A $33\frac{1}{3}\%$

Given : $SP=\left(\frac{4}{3}\right)CP$

Profit $=SP-CP$

Profit $=\left(\frac{4}{3}\right)CP-CP=\frac{CP}{3}$

$\frac{Profit}{CP}=\frac{1}{3}$

Percent profit$=\frac{Profit}{CP}\times 100=\frac{1}{3}\times 100=33.33$%

$\therefore$ Profit on the transaction os $33.333$%