Q151
ArithmeticPercentage, Profit & Loss
If 3 mangoes are sold for the cost price of 4 mangoes, what is the profit?
- a.$16\frac{1}{3}\%$
- b.$33\frac{1}{4}\%$
- c.$33\frac{1}{3}\%$
- d.$40\frac{1}{2}\%$
Answer: (C) $33\frac{1}{3}\%$
Let CP of 1 mango = Re. 1. SP of 3 mangoes = CP of 4 = Rs. 4. Profit on 3 mangoes = Rs. 1. Profit % = $\frac{1}{3} \times 100 = 33\frac{1}{3}\%$.