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Discussion

  1. A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?
    1. 33.33%
    2. 75%
    3. 300%
    4. 150%
  1. Correct Option: C

    Let the selling price of each article be Rs. 1. Then, selling price of 100 articles= Rs. 100, profit on selling 100 articles= Rs. 75, and cost of 100 articles=100-75=Rs.25
    Therefore, profit percentage=(75 / 25) x 100=300%

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