A profit of 25% is made by selling an article for Rs. 30. If the article was sold for Rs. 33.60, the profit would have been
A30%
B35%
C40%
D45%
Answer:
C. 40%
Read Explanation:
Let the CP be 100x
profit is 25 %
SP = 100x +25 x =125x
SP is Rs.30
125x = 30
x =30/125
100x = 100 x 30/125 = 24
CP = 24
If it is sold at 33.60
Profit is 9.60
Profit % = 9.60/24 x 100
= 40%