Question

If the selling price per unit of product B is 527 then what is its profit percentage?

• A. 43.3
• B. 13.3
• C. 33.3
• D. 23.4

Answer 1

The correct option is D

23.4

Total units of product B = $\left(\frac{18}{100}\right)$ $\times$ 4000 = 720
Total cost = $\left(\frac{28}{100}\right)$ $\times$ 11 = 3.08lakhs
Cost per unit = $\left(\frac{3.08}{720}\right)$ = 427

As the selling price is 527 the profit percentage = 23.4%