Aman sells 30 apples for the cost price of 40 apples His profit percentage correct to two places of ...........

Quantitative Aptitude (MTS) Profit and loss

Aman sells 30 apples for the cost price of 40 apples. His profit percentage (correct to two places of decimal) is:

This questions was previously asked in

SSC MTS 8th October 2021 Shift-1

33.33%

25.00%

30.67%

40.33%

To find the profit percentage, let's break down the situation:

- Aman sells 30 apples for the cost price of 40 apples.

- Cost price (CP) of one apple = C.

- Therefore, CP of 40 apples = 40C.

- Selling price (SP) of 30 apples = 40C.

- Hence, SP of one apple = (40/30)C = (4/3)C ˜ 1.33C.

- Profit per apple = SP - CP = (4/3)C - C = (1/3)C.

- Profit percentage = (Profit per apple / CP) × 100 = ((1/3)C / C) × 100 = 33.33%.

- Option 1, 33.33%, is correct.

- Option 2, 25.00%, is not correct.

- Option 3, 30.67%, is not correct.

- Option 4, 40.33%, is not correct.

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