Multiple choice

In which of the following cases does one get maximum profit in terms of percentage?

  1. CP = 40, SP = 50

  2. CP = 34, SP = 40

  3. CP = 50, SP = 60

  4. CP = 36, SP = 50

  5. CP = 13, SP = 14
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Profit % = (SP-CP)/CP * 100. A: 10/40 = 25%. B: 6/34 = 17.6%. C: 10/50 = 20%. D: 14/36 = 38.8%. E: 1/13 = 7.7%.

AI explanation

The formula for profit percentage is ((Selling Price - Cost Price) / Cost Price) multiplied by 100. Evaluating the given choices, the percentages are 25% for the first, 17.64% for the second, 20% for the third, 38.88% for the fourth, and 7.69% for the fifth. The highest percentage among these is 38.88%, which corresponds to a cost price of 36 and a selling price of 50.

Keep practicing — related questions