Question

Some articles were bought at 4 articles for Rs. 3 and sold at 3 articles for Rs. 4. Gain percent is:

• A. 70%
• B. 75%
• C. 77.78%
• D. 83.33%

Answer 1

The correct option is C 77.78%

Cost per item $=\frac{3}{4}=Rs.0.75$
Selling price per item $=\frac{4}{3}=Rs.1.33$
Profit percentage $=\frac{0.5833\dots .}{0.75}\times 100=77.78$