Gujarati
Hindi
7.Profit and Loss
hard

A cab driver makes a profit of $20 \%$ on every trip when he carries $3$ passengers and the price of petrol is $Rs.\,30$ a litre. Find the percentage profit for the same journey if he goes with four passengers per trip and the price of petrol reduces to $Rs.\, 24$ a litre? (in $\%$)

(Assume that revenue per passenger is the same in both the cases.)

A

$100$

B

$76$

C

$54$

D

$43$

Solution

Let $CP$ of cab driver be price of petrol $= Rs. 30$ per liter

His, $SP$ would be to carry $3$ passengers

Let cost of $1$ passenger be Rs. $x$

Initially he made profit of $20 \%$

$\Rightarrow p \%=\frac{20}{100}=\frac{ SP – CP }{ CP }=\frac{20}{100}=\frac{3 \times-30}{30}$

$x=$ $Rs. 12$

Now, $CP$ of petrol $= Rs. 24$ per litre

$SP =4(\operatorname{cost}$ of $1$ passenger $)=$ $Rs. 48$

$=$ Profit $\%=\frac{48-24}{24} \times 100=100 \%$

Standard 13
Quantitative Aptitude

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