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## #1 2015-04-17 04:54:25

### Profit Percentage:

**Question:**

A driver of auto rickshaw 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 % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)

**Option A):**

65.66%**Option B):**

20%**Option C):**

33.33%**Option D):**

100%

**Correct Answer is Option D):**

100%

**Explanation:**

Assume the cost price = 100 and selling price = 120.

Then, when price of petrol is reduced;

Cost price become 60 and selling price = 160;

Profit increased = 100%.

You cannot discover the new oceans unless you have the courage to lose the sight of the shore.

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## 2015-04-17 04:54:25

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### Re: Profit Percentage:

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