BD Merit - Freelancing, BCS, Bank, Primary, Admission, NTRCA

1 . The selling price of 4 pencils is equal to the purchase price of 5 pencils. What is the profit margin?

View Answer

Workspace

Report

Answer: Option B

Explanation:

Let's say the purchase price of 5 pencil is 1 taka.

Then purchase price of 1 pencil is 1/5 taka and selling price of 1 pencil is 1/4 taka.

Profit margin = {(1/4 - 1/5)/ (1/5)} x 100% = 25%.