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    Question

    A seller makes a profit equivalent to the cost price of 4

    metres of fabric by selling 16 metres of the fabric. Find the percentage profit.
    A 18% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 32% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the selling price of 1 metre cloth be Rs. ‘SP’ and the cost price of 1 metre cloth be Rs. ‘CP’.

    ATQ,

    16 × SP – 16 × CP = 4 × CP

    Or, 16 × SP = 20 × CP

    Or, SP/CP = 20/16 = 5/4

    Required profit percentage = {(5 – 4)/4} × 100 = 25%

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