Quantitative Aptitude Ques 864
Question: By selling 1 dozen ball pens, a, shopkeeper earned the profit equal to the selling price of 4 ball pens. His profit per cent is
Options:
A) $ 50 $ %
B) $ 40 $ %
C) $ 33\frac{1}{3} $ %
D) $ 33\frac{1}{4} $ %
Show Answer
Answer:
Correct Answer: A
Solution:
- Profit = SP of 4 pen $ Profit=SP-CP $ SP of 4pen = SP of 12pen $ -CP $ of 12 pen
$ \therefore $ CP of 12 pen = SP of 8 pen Gain% = $ \frac{SP,-CP}{CP},\times $ 100% = $ ( \frac{SP}{CP},-,1 ),\times $ 100% $ =,( \frac{3}{2},-,1 ),\times $ 100% = $ \frac{1}{2},\times $ 100% =50%