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In terms of percentage profit, which amo...

In terms of percentage profit, which among following the best transaction.

A

C. 36, Profit 17

B

C.P. 50, Profit 24

C

CP 10, profit 19

D

CP. 60, Profit 29

Text Solution

AI Generated Solution

The correct Answer is:
To determine which transaction yields the highest percentage profit among the given options, we will calculate the percentage profit for each option using the formula: \[ \text{Percentage Profit} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Let's calculate the percentage profit for each option step by step. ### Step 1: Calculate Percentage Profit for Option A - **Cost Price (CP)** = 36 - **Profit** = 17 Using the formula: \[ \text{Percentage Profit} = \left( \frac{17}{36} \right) \times 100 \] \[ \text{Percentage Profit} = 0.4722 \times 100 \approx 47.22\% \] ### Step 2: Calculate Percentage Profit for Option B - **Cost Price (CP)** = 50 - **Profit** = 24 Using the formula: \[ \text{Percentage Profit} = \left( \frac{24}{50} \right) \times 100 \] \[ \text{Percentage Profit} = 0.48 \times 100 = 48\% \] ### Step 3: Calculate Percentage Profit for Option C - **Cost Price (CP)** = 10 - **Profit** = 19 Using the formula: \[ \text{Percentage Profit} = \left( \frac{19}{10} \right) \times 100 \] \[ \text{Percentage Profit} = 1.9 \times 100 = 190\% \] ### Step 4: Calculate Percentage Profit for Option D - **Cost Price (CP)** = 60 - **Profit** = 29 Using the formula: \[ \text{Percentage Profit} = \left( \frac{29}{60} \right) \times 100 \] \[ \text{Percentage Profit} = 0.4833 \times 100 \approx 48.33\% \] ### Summary of Percentage Profits - **Option A**: 47.22% - **Option B**: 48% - **Option C**: 190% - **Option D**: 48.33% ### Conclusion Among the four options, **Option C** yields the highest percentage profit of **190%**. Therefore, Option C is the best transaction. ---
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