Question
47 of
80
Question Palette
A man bought 5 pencils for one rupee and sold them at 3 for one rupee. Find his profit percentage.
Correct Option:
A
Explanation
1. CP of 1 pencil = ₹0.20.
2. SP of 1 pencil = ₹1 ÷ 3 ≈ ₹0.3333.
3. Profit percentage = ((1/3 - 1/5) ÷ (1/5)) × 100 = 66⅔% ≈ 66.67%.