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D
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A merchant made a profit of $5 on the sale of a sweater that cost the merchant $15. What is the profit expressed as a percent of the merchant’s cost?
A. 15%
B. 20%
C. 25%
D. 100/3%
E. 200/3%
A. 15%
B. 20%
C. 25%
D. 100/3%
E. 200/3%
Archit3110
07 Jun 2019, 02:22
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Bunuel
we can rewrite given info as
15*x/100 = 5
x=33%
IMO D
30 Aug 2020, 07:01
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Profit = SP - CP
Profit % = \(\frac{SP \space - \space CP}{CP} * 100 = \frac{Profit}{CP} * 100\)
Profit here = $5 and the CP = $15
Therefore Profit % = \(\frac{5}{15} * 100 = \frac{100}{3}\)%
Option D
Arun Kumar
Other Basic Formulae in Profit, Loss and Discount are
Loss = CP - SP, therefore Loss % = \(\frac{CP \space - \space SP}{CP} * 100\)
Mark Up = MP - CP, therefore Markup % = \(\frac{MP \space - \space CP}{CP} * 100\)
Discount = MP - SP, therefore Discount % = \(\frac{MP \space - \space SP}{MP} * 100\)
Profit % = \(\frac{SP \space - \space CP}{CP} * 100 = \frac{Profit}{CP} * 100\)
Profit here = $5 and the CP = $15
Therefore Profit % = \(\frac{5}{15} * 100 = \frac{100}{3}\)%
Option D
Arun Kumar
Other Basic Formulae in Profit, Loss and Discount are
Loss = CP - SP, therefore Loss % = \(\frac{CP \space - \space SP}{CP} * 100\)
Mark Up = MP - CP, therefore Markup % = \(\frac{MP \space - \space CP}{CP} * 100\)
Discount = MP - SP, therefore Discount % = \(\frac{MP \space - \space SP}{MP} * 100\)
