Zakir bought 12 apples for Tk 10 and sold 10 apples for Tk What is his profit margin?

A    20%

B    36%

C    44%

D    45%

Solution

Correct Answer: Option C

 

buying price of 12 apple is 10 tk

buying price of 1 apple is 10/12 tk

selling price of 10 apple is 12 tk selling price of 1 apple is 12/10 tk :. profit= (12/10 - 10/12) tk =11/30

in 5/6 tk there is profit of 11/30 tk in 1 tk there is profit of 11 x 6 /30 x 5 tk in 100 tk there is profit of 11 x100x6/30 tk=44 tk

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