A trader sells 100 articles and earns a profit equal to the selling price of 75 articles. Compute his profit percentage on cost.

Difficulty: Easy

Correct Answer: 300%

Explanation:


Introduction:
When profit is expressed as a multiple of selling price of some quantity, convert it into algebra with per-unit selling price to find cost and then the profit percentage.


Given Data / Assumptions:

  • Let s be the selling price per article.
  • Total articles sold = 100.
  • Profit amount = selling price of 75 articles = 75s.


Concept / Approach:
Total SP = 100s. Cost = SP − Profit. Profit% = Profit / Cost * 100.


Step-by-Step Solution:
Total SP = 100sProfit = 75sTotal Cost = 100s − 75s = 25sProfit% = 75s / 25s * 100 = 300%


Verification / Alternative check:
Numbers: if s = 1, SP = 100, profit = 75, cost = 25 ⇒ 75/25 * 100 = 300%.


Why Other Options Are Wrong:

  • 33.33% / 75% / 150%: each uses the wrong base (SP) or misreads the condition.


Common Pitfalls:

  • Calculating profit% on selling price rather than on cost price.


Final Answer:
300%

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