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In terms of percentage profit, which is ...

In terms of percentage profit, which is the best transaction?
`{:("C.P"("in Rs"),"Profit"("in Rs")),(("I")36,17),(("ii")50,24),(("iii")40,19),(("iv")60,29):}`

A

I

B

II

C

III

D

IV

Text Solution

AI Generated Solution

The correct Answer is:
To determine which transaction has the best percentage profit, we will calculate the percentage profit for each transaction using the formula: \[ \text{Percentage Profit} = \left( \frac{\text{Profit}}{\text{C.P}} \right) \times 100 \] where C.P is the cost price and Profit is the profit made on that transaction. ### Step-by-Step Solution: 1. **Transaction I:** - Cost Price (C.P) = Rs 36 - Profit = Rs 17 - Percentage Profit (P1) = \(\left( \frac{17}{36} \right) \times 100\) - Calculation: \[ P1 = \left( \frac{17}{36} \right) \times 100 = \frac{1700}{36} \approx 47.22\% \] 2. **Transaction II:** - Cost Price (C.P) = Rs 50 - Profit = Rs 24 - Percentage Profit (P2) = \(\left( \frac{24}{50} \right) \times 100\) - Calculation: \[ P2 = \left( \frac{24}{50} \right) \times 100 = \frac{2400}{50} = 48\% \] 3. **Transaction III:** - Cost Price (C.P) = Rs 40 - Profit = Rs 19 - Percentage Profit (P3) = \(\left( \frac{19}{40} \right) \times 100\) - Calculation: \[ P3 = \left( \frac{19}{40} \right) \times 100 = \frac{1900}{40} = 47.5\% \] 4. **Transaction IV:** - Cost Price (C.P) = Rs 60 - Profit = Rs 29 - Percentage Profit (P4) = \(\left( \frac{29}{60} \right) \times 100\) - Calculation: \[ P4 = \left( \frac{29}{60} \right) \times 100 = \frac{2900}{60} \approx 48.33\% \] ### Summary of Percentage Profits: - Transaction I: 47.22% - Transaction II: 48% - Transaction III: 47.5% - Transaction IV: 48.33% ### Conclusion: The best transaction in terms of percentage profit is **Transaction IV** with a profit percentage of **48.33%**. ---
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