You are not logged in.
- Topics: Active | Unanswered
Pages:: 1
#1 2015-04-17 04:54:28
Profit Percentage:
Question:
A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)
Option A):
65.66%
Option B):
20%
Option C):
33.33%
Option D):
100%
Correct Answer is Option D):
100%
Explanation:
Assume the cost price = 100 and selling price = 120.
Then, when price of petrol is reduced;
Cost price become 60 and selling price = 160;
Profit increased = 100%.
Failure is the first step towards seccess.
Offline
2015-04-17 04:54:28
- Advertisement
- Ads By Google
Re: Profit Percentage:
\n
Pages:: 1