Question 95

Which of the following transactions is the best when considering the corresponding profit percentage?

Solution

Profit % = $$\frac{P\times100}{C.P}$$ = 40%

For A, Profit % = $$\frac{24\times100}{60}$$ = 40%

For B, Profit % = $$\frac{15\times100}{40}$$ = 37.5%

For C, Profit % = $$\frac{18\times100}{36}$$ = 50%

For D, Profit % = $$\frac{24\times100}{50}$$ = 48%

Required transaction = C

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