By selling 33 articles, a person gets the profit equal to selling price of 8 articles. Find profit percent
Answer & explanation
Correct answer: option 1
Profit = S.P. - C.P.
ATQ,
⇒ S.P. of 8 = S.P. of 33 - C.P. of 33
⇒ C.P. of 33 = S.P. of 25
⇒ C.P. : S.P. = 25 : 33
Profit = 8R
Profit percent = \(\frac{8}{25}\) × 100 = 32%