A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ?
Correct Answer: 100%
Explanation:
When 3 passengers income was 3x
expense= Rs.30
profit =20% of 30 = Rs.6
That means his earning is Rs.36. so that per passenger fare must be Rs.12.