Question

A man bought 18 glasses for Rs.12 and sold 12 glasses for Rs 18. What is the profit percent?

Q: A man bought 18 glasses for Rs.12 and sold 12 glasses for Rs 18. What is the profit percent?

To make the CP and SP of same number of article, we will take LCM of 18 and 12 i.e. 36 Given, CP of 18 glasses = Rs. 12 and SP of 12 glasses = Rs. 18 ∴ CP of 36 article = Rs. 24 and SP of 36 article = Rs. 54 Profit % = `(54-24)/24xx100=(30xx100)/24=125%`

A 114%

B 125%

C 120%

D 130%

E None of these

Download PDF Practice Next

More Profit and loss Questions

Selling price of an article after a discount of 25% is Rs 450. If cost price is Rs 320 then marked price is what percent more than cost price of article?
A shopkeeper sold an article A at 20% gain and another article B at 20% loss. Find her overall gain or loss percent if selling price of both articles were same.
A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while profit % of Wye was B% since Wye calculate his profit on SP, if Zed sells one of the Bike to Pee at A% profit. What is the cost price for Pee if B= 41`(2)/(3)` %A?
A Shopkeeper marks his goods 50% above a CP and gives 30% discount to customer. At the time of selling the goods he uses 800 gm weight instead of 1 kg. Find his profit%?
Sunita invested Rs12,000 on simple interest at the rate of 10% p.a. to obtain a total amount of Rs 20,400 after a certain period. For how many years did she invest to obtain the above amount?
Mr. Joseph makes 1800 articles at a cost of 40 paise/article. He fixed the selling price such that if only 1000 articles are sold, he would have made profit of 50% on the outlay. However, 500 articles get spoilt and he was able to sell 1300 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless?
A shopkeeper marked an article 60% above its cost price and made a profit of Rs. 192 when he sold the article after giving a discount of 30%. Find the profit percent earned by the shopkeeper if he had sold the article for Rs. 2048.
A shopkeeper sold an article at a discount of 16%. If he had given a discount of 7.5% in place of 16%, then he would have earned Rs. 204 more. If the cost price of the article is 25% less than its marked price, then find the cost price of the article.
A and B started a business with investments in the ratio 11:10 respectively. After 10 months, C joined them with an investment 40% more than the investment of B. Find the profit share of C out of the total profit of Rs 14000 at the end of two years

Question

A man bought 18 glasses for Rs.12 and sold 12 glasses for Rs 18. What is the profit percent?

Solution

I Pledged to: