Question

Which among the following is best transaction in terms of percentage profit ?
(SP is Selling Price in rupees and CP is Cost Price in rupees)

• A. CP = 100 , SP = 149
• B. CP = 80 , SP = 119
• C. CP = 60 , SP = 89
• D. CP = 40 , SP = 59

Answer 1

The correct option is A

CP = 100 , SP = 149

Best transaction is the one which has highest profit percentage
Profit percentage $=\frac{Profit}{CP}\times 100$. Where Profit = SP - CP
In option A, Profit = 149 - 100 = 49 , $\Rightarrow$ Profit Percentage $=\frac{49}{100}\times 100$ = 49%
In option B, Profit = 119 - 80 = 39 , $\Rightarrow$ Profit Percentage $=\frac{39}{80}\times 100$ = 48.75%
In option C, Profit = 89 - 60 = 29 , $\Rightarrow$ Profit Percentage $=\frac{29}{60}\times 100$ = 48.33%
In option D, Profit = 59 - 40 = 19 , $\Rightarrow$ Profit Percentage $=\frac{19}{40}\times 100$ = 47.5%
Among all the options, The profit percentage is highest in Option A.