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Anil makes profit of 30% by selling in article at rupees 52 per quintal if he sells the article at rupees 60 per quintal what is his profit percent on the whole investment
Anil makes profit of 30% by selling in article at rupees 52 per quintal if he sells the article at rupees 60 per quintal what is his profit percent on the whole investment
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Answer
Let C.P.= rupees x/quintal.
Profit of 30%, then S.P. = 1.3x = 52
Therefore, C.P. = x = 40
Now if S.P. = rupees 60/quintal.
Then, Profit = 60-40 = 20
Profit % = (20/40)*100 = 50%.
Answer
39.33% Answer
30% profit on 52 rupees per quintal, CP of one quintal= 52-(30% of 52)=36.4;
profit on selling per quintal at 60= 60-CP= 23.6
profit%= 23.6/60*100=39.33%
