Question : If the cost price of 28 oranges is equal to the selling price of 24 oranges, then the profit percentage is:
Option 1: $16 \frac{2}{3}$%
Option 2: $16 \frac{1}{3}$%
Option 3: $18 \frac{2}{3}$%
Option 4: $18 \frac{1}{3}$%
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Correct Answer: $16 \frac{2}{3}$%
Solution : Given: The cost price of 28 oranges equals the selling price of 24 oranges. Let the selling price of 1 orange = Rs. 1 So, the cost price of 28 oranges = selling price of 24 oranges = 1 × 24 = 24 Selling price of 28 oranges = 1 × 28 = 28 So, profit percentage $= \frac{28-24}{24}×100=16 \frac{2}{3}$% Hence, the correct answer is $16 \frac{2}{3}$%.
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Question : The selling price of 28 items is equal to the cost price of 17 items. What is the percentage of profit or loss?
Option 1: $39 \frac{2}{7} \%$ loss
Option 2: $39 \frac{2}{7} \%$ profit
Option 3: $33 \frac{2}{7} \%$ profit
Option 4: $33 \frac{2}{7} \%$ loss
Question : If the cost of 20 books is equal to the selling price of 18 books, then the gain percentage is:
Option 1: $11 \frac{1}{9}$%
Option 2: $11 \frac{1}{3}$%
Option 3: $11 \frac{2}{9}$%
Option 4: $10 \frac{1}{9}$%
Question : The marked price of an article is 40% above its cost price. If its selling price is $73 \frac{1}{2} \%$ of the marked price, then the percentage profit is:
Option 1: 2.9%
Option 2: 2.7%
Option 3: 2.6%
Option 4: 2.5%
Question : A store sells a watch for a profit of 25% of its cost price. Then, the percentage of profit against the selling price is:
Option 1: 22%
Option 2: 20%
Option 3: 18%
Option 4: 15%
Question : The initial profit percentage on the sale of an item was 55%. If the item's cost price went up by 24%, but the selling price remained the same, what would be the new profit percentage?
Option 1: 36%
Option 2: 25%
Option 3: 28%
Option 4: 33%
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