WBCS.LIVE practice question

If 3 mangoes are sold for the cost price of Rs.4, the profit is

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 16⅔%
  2. 33¼%
  3. 33⅓%
  4. 40½%

Correct answer and explanation

Correct answer: 33⅓%

Explanation: ✅ Correct Answer: C. 33 1/3% 📚 Explanation: If 3 mangoes are sold for the cost price of 4, the profit on selling 3 mangoes is equal to the cost of 1 mango. The profit percentage is calculated on the sale of 3 items. Calculation: (1 divided by 3) multiplied by 100, which equals 33 and 1/3 percent. This is a common profit and loss problem where cost and sale prices are linked to quantities.