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A trader gets 25% profit by selling an a...

A trader gets 25% profit by selling an article. If he buys at half the rate and sells at the same selling price as before, then what will be his percentage profit?

A

50

B

100

C

125

D

150

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Determine the Initial Cost Price (CP) and Selling Price (SP) Let's assume the initial Cost Price (CP) of the article is ₹100. ### Step 2: Calculate the Selling Price (SP) with 25% Profit Given that the trader makes a 25% profit, we can calculate the Selling Price (SP) using the formula: \[ SP = CP + (Profit \% \times CP) \] Substituting the values: \[ SP = 100 + (25\% \times 100) \] \[ SP = 100 + 25 = ₹125 \] ### Step 3: Determine the New Cost Price (CP) when Halved If the trader buys the article at half the original cost, the new Cost Price (CP) will be: \[ New \, CP = \frac{100}{2} = ₹50 \] ### Step 4: Calculate the Profit with the New Cost Price The Selling Price remains the same at ₹125. Now we can calculate the profit using the formula: \[ Profit = SP - New \, CP \] Substituting the values: \[ Profit = 125 - 50 = ₹75 \] ### Step 5: Calculate the Percentage Profit To find the percentage profit, we use the formula: \[ Percentage \, Profit = \left( \frac{Profit}{New \, CP} \times 100 \right) \] Substituting the values: \[ Percentage \, Profit = \left( \frac{75}{50} \times 100 \right) \] \[ Percentage \, Profit = 1.5 \times 100 = 150\% \] ### Final Answer The percentage profit when the trader buys at half the rate and sells at the same selling price is **150%**. ---
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