In terms of percentage profit, arrange the following transactions in decreasing order.
(A) Cost price : ₹36, Profit: ₹17
(B) Cost price : ₹50, Profit : ₹24
(C) Cost price : ₹40, Profit : ₹19
(D) Cost price : ₹60, Profit : ₹29
Choose the correct answer from the options given below:
Percentage profit = $$\dfrac{\Pr ofit}{Cost\ \Pr ice}\times100$$
(A) Cost price : ₹36, Profit: ₹17
Percentage profit = $$\dfrac{17}{36}\times100$$ = 47.22%
(B) Cost price : ₹50, Profit : ₹24
Percentage profit = $$\dfrac{24}{50}\times100$$ = 48%
(C) Cost price : ₹40, Profit : ₹19
Percentage profit = $$\dfrac{19}{40}\times100$$ = 47.5%
(D) Cost price : ₹60, Profit : ₹29
Percentage profit = $$\dfrac{29}{60}\times100$$ = 48.33%
Thus, percentage profits are in this sequence D > B > C > A
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