Question

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

• A. $\frac{1}{3}\%$
• B. $20\frac{1}{2}\%$
• C. $33\frac{1}{3}\%$
• D. $25\frac{1}{2}\%$

Answer 1

Answer: (C)

$33\frac{1}{3}\%$

let CP of article = Rs. 100

According to the question
SP = $100\times \frac{4}{3}=Rs.\frac{400}{3}$
Profit = SP - CP = $\frac{400}{3}-100=Rs.\frac{100}{3}$
Profit % = $\frac{\frac{100}{3}}{100}\times 100=33\frac{1}{3}$ %