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Question

Quantitative Ability and Data Interpretation Question on Profit and Loss

In terms of percentage profit,arrange the following transactions in decreasing order
1. Cost price: ₹36, Profit: 17
2. Cost price: ₹50, Profit: 24
3. Cost price: ₹40, Profit: 19
4. Cost price: 60, Profit: 29

A

D>C>B>A

B

D>B>C>A

C

B>D>C>A

D

B>C>A>D

Answer

D>B>C>A

Explanation

Solution

The correct option is (B): D>B>C>A.