The cost price of 42 bracket fans is equal to the selling price of 28 bracket fans. What is the profit percentage?
- 20%
- 30%
- 50%
- 70%
Explanation
The cost price of 42 articles= selling price of 28 articles
let the cost price of each article = Rs X
42X= selling price of 28 articles
the selling price of each article= is 42X/28=1.5X
profit percentage= (selling price-cost price)/cost price*100
=(1,5X-X)/X*100=50
profit percentage=50%
***
ND9-11-2022
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