RRB NTPC · Question 13
An article was purchased in a fluctuating market on different dates at a unit price of (i) Rs. 11 (ii) Rs. 9, (iii) Rs. 8, and (iv) Rs. 10. It was sold at Rs. 2 above the purchase price. Which article was the most profitable in percentage terms?
Show answer & explanation
Answer: (C) (iii)
Explanation
A fixed Rs 2 profit is the largest percentage on the smallest cost: 2/8 = 25% for item (iii), compared with 18%, 22% and 20%.