1.

The cost price of 24 apples is the same as the selling price of 18 apples. The percentage of gain is:1. 25%2. \(33 \frac{1}{3}\)%3. \(22 \frac{1}{2}\)%4. 20%

Answer» Correct Answer - Option 2 : \(33 \frac{1}{3}\)%

Given:

Cost price of 24 apples = Selling price of 18 apples

Formula used:

Profit% = (Profit/Cost price) × 100

Calculation:

Cost price of 24 apples = Selling price of 18 apples

⇒ CP × 24 = SP × 18

⇒ CP/SP = 18/24

Profit = 24 - 18 = 6

Profit% = (6/18) × 100

Profit% = (1/3) × 100

Profit% = \(33 \frac{1}{3}\)%

∴ The Profit% is \(33 \frac{1}{3}\)%.



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