Question

An accountant calculated profit to be 25% at end of a financial year. However, later it was detected that, by mistake, the accountant had calculated the profit % on selling Price instead of cost price. Find the actual Profit% if sales were ₹ 48000 for that particular period.

विकल्प

• `66  2/3%`

• 25%

• 50%

• `33  1/3%`

Answer 1

`33  1/3%`

Explanation:

Profit = 25% of 48000 = 12000

Cost Price = 48000 - 12000 = 36000

Actual Profit %

= `12000/36000 xx 100`

= `33  1/3%`