Difficulty: Easy
Correct Answer: 25%
Explanation:
Introduction:
Stated profits in terms of selling price of some quantity can be translated into algebraic relations. Once the total selling price and profit are linked, the cost price follows, enabling the profit percentage calculation.
Given Data / Assumptions:
Concept / Approach:
Total SP for 100 bananas = 100s. With profit = 20s, total cost must be 100s - 20s = 80s. Profit percentage = profit / cost * 100.
Step-by-Step Solution:
SP_total = 100sProfit = 20sCost = 100s - 20s = 80sProfit% = 20s / 80s * 100 = 25%
Verification / Alternative check:
Take s = Rs 5. Then SP_total = 500, profit = 100, cost = 400, giving 100/400 * 100 = 25% gain.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
25%
Discussion & Comments