(i) Profit = (Income $ - $ Expenditure) (ii) Profit per cent = (Profit/Expenditure $ \times $ 100) (iii) Loss = (Expenditure $ - $ Income) (iv) Loss per cent = (Loss / Expenditure $ \times $ 100) Profit earned/by the businessman in May is what per cent more than the profit earned by the businessman in August?
A) $ 44\frac{4}{9} $ %
B) $ 48\frac{8}{9} $ %
C) $ 38\frac{4}{9} $ %
D) $ 42\frac{2}{9} $ %
E) $ 46\frac{2}{9} $ %
Correct Answer: A
$ \therefore $ Required percentage $ =\frac{80}{180}\times 100=\frac{800}{18} $ $ =\frac{400}{9}=44\frac{4}{9} $ %