Question

In terms of percentage profit,arrange the following transactions in decreasing order
1. Cost price: ₹36, Profit: 17
2. Cost price: ₹50, Profit: 24
3. Cost price: ₹40, Profit: 19
4. Cost price: 60, Profit: 29

• A. D>C>B>A
• B. D>B>C>A
• C. B>D>C>A
• D. B>C>A>D

Answer 1

The Correct Option is B

The formula for percentage profit is:

\[ \text{Percentage profit} = \frac{\text{Profit}}{\text{Cost price}} \times 100 \]

For each transaction:

• For A: \[ \text{Percentage profit} = \frac{17}{36} \times 100 = 47.22\% \]
• For B: \[ \text{Percentage profit} = \frac{24}{50} \times 100 = 48\% \]
• For C: \[ \text{Percentage profit} = \frac{19}{40} \times 100 = 47.5\% \]
• For D: \[ \text{Percentage profit} = \frac{29}{60} \times 100 = 48.33\% \]

Thus, the transactions in decreasing order of percentage profit are:

\[D > B > C > A\]