In terms of per centage profit, which is the best transaction?

Question

In terms of per centage profit, which is the best transaction?

C.P (in Rs.)
Profit (in Rs.)
(I)
36
17
(II)
50
24
(III)
40
19
(IV)
60
29

Options:

A . III

B . II

C . I

D . IV

Answer: Option D
Answer: (d)
Using Rule 1,
If S.P > C.P. then there will be profit
Profit = S.P. - C.P.
Profit% = ${\text"Profit" × 100}/{\text"C.P."}$

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