Profit & Loss Mcqs

Q.  By selling 99 pens, a trader gains the cost of 33 pens. Find his gain percentage?

a. 33 1/3%
b. 50%
c. 25%
d. 66 2/3%
e. None of these


ANSWER: See Answer
 
Let the CP of each pen be Rs. 1.

CP of 99 pens = Rs. 99
Profit = Cost of 33 pens = Rs. 33
Profit% = 33/99 * 100 = 33 1/3%
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