Question

In terms of percentage profit, which among the following is the best transaction ?

• A. C.P $=36$, Profit $=17$
• B. C.P $=50$, Profit $=24$
• C. C.P $=40$, Profit $=19$
• D. C.P $=60$, Profit $=29$

Answer 1

The correct option is D C.P $=60$, Profit $=29$

$Percentageprofit=\frac{profit\times 100}{CostPrice}$

In option A, $PercentageProfit=\frac{17\times 100}{36}=47.22\%$

In option B, $PercentageProfit=\frac{24\times 100}{50}=48\%$

In option C, $PercentageProfit=\frac{19\times 100}{40}=47.5\%$

In option D, $PercentageProfit=\frac{29\times 100}{60}=48.33\%$

Among given 4 option, D has highest percentage of profit. So, (D) is the best transaction.