Profit and Loss Practice Test 3

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Question : 36 of 40

Marks: +1, -0

If S.P. of an article is

4 /3

of C.P., the profit is:

$1/3 %$
33%
$33 1/3 %$
$33 1 / 8 %$

Solution:

Let C.P. = Rs. 100; then S.P. =

4/ 3 ×100

= Rs.

400/ 3

Hence, profit %

= 400/ 3- 100

=100/ 3= 33 1/ 3 %

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