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If 3 toys are sold at the cost price of ...

If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be :

A

0.25

B

`33 1/3%`

C

`66 1/2%`

D

`50%`

Text Solution

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The correct Answer is:
To solve the problem, we need to determine the profit percentage when 3 toys are sold at the cost price of 4 toys of the same kind. ### Step-by-Step Solution: 1. **Define Variables**: Let the cost price of one toy be \( x \). Therefore, the cost price of 3 toys will be: \[ \text{Cost Price of 3 toys} = 3x \] 2. **Selling Price Calculation**: According to the problem, the selling price of 3 toys is equal to the cost price of 4 toys. Therefore, the selling price of 4 toys is: \[ \text{Cost Price of 4 toys} = 4x \] Hence, the selling price of 3 toys is: \[ \text{Selling Price of 3 toys} = 4x \] 3. **Calculate Profit**: Profit can be calculated using the formula: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \] Substituting the values we have: \[ \text{Profit} = 4x - 3x = x \] 4. **Calculate Profit Percentage**: Profit percentage is given by the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Here, the cost price is that of 3 toys, which is \( 3x \). Thus, we have: \[ \text{Profit Percentage} = \left( \frac{x}{3x} \right) \times 100 = \frac{1}{3} \times 100 = 33.33\% \] 5. **Conclusion**: Therefore, the profit percentage when 3 toys are sold at the cost price of 4 toys is: \[ \text{Profit Percentage} = 33 \frac{1}{3}\% \]
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