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Sameeksha Sharma
CAT Preparation Community 4y ago
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
2
NAVNEET DAS 4y ago
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%
sourav prasad 4y ago
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%.
