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If the selling price of 8 apple is equal to the cost priceof 9 apple find the profit percent |
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Answer» RATIO of selling price and Cost Price, SP:CP = 12:9 =4:3 Profit of 3 APPLES = Re 1 (Let CP = Re 1) Profit = 1/3 = 33.33% and, Discount = 11.11% Since, CP:SP:MP = 3:4:4.5 Profit DOUBLES that of discount. So, % point discount = 33.33%-11.11% = 22.22% point. |
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