Question : The selling price of 6 bananas is equal to the cost price of 8 bananas. Then the percentage of profit is:
Option 1: $20\%$
Option 2: $33\frac{1}{3}\%$
Option 3: $25\%$
Option 4: $30\%$
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Correct Answer: $33\frac{1}{3}\%$
Solution :
Given: The selling price of 6 bananas is equal to the cost price of 8 bananas.
Let the CP (cost price) of each banana be Re.1.
⇒ CP of 8 bananas = Rs. 8
⇒ CP of 6 bananas = Rs. 6
SP (selling price) of 6 bananas = CP of 8 bananas = Rs. 8
$\therefore$ Profit percentage $=\frac{8-6}{6}×100=\frac{100}{3}=33\tfrac{1}{3}\%$
Hence, the correct answer is $33\tfrac{1}{3}\%$.
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