By selling 4 articles for 1 rupee, a man losses 4%. Had he sold three articles per rupee, the profit would have been = ?
A. 30%
B. 28%
C. 16%
D. 12%
Answer: Option B
Solution(By Examveda Team)
Selling price of 4 article = Rs. 1Loss = 4%
Cost price of 4 articles
$${\text{ = 1}} \times \frac{{100}}{{96}} = \frac{{100}}{{96}}$$
Cost price of 3 articles
$${\text{ = }}\frac{{100}}{{96}} \times \frac{3}{4} = \frac{{75}}{{96}}$$
New selling price of 3 articles = Rs. 1
$$\eqalign{ & {\text{Profit }}\% \cr & = \frac{{\frac{{1 - 75}}{{96}}}}{{\frac{{75}}{{96}}}} \times 100 \cr & = \frac{{21}}{{75}} \times 100 \cr & = 28\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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