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Arithmetic 

Sumit sold an article at a certain profit . Had he purchased the article for 12% less than what he actually purchased it for and sold it for 24% more than what he actually sold it for  , his profit percentage would have been 5/2 times his actual profit percentage . Find his actual profit percentage .

1.  27.5%
2.  28.28%
3. 33.33%
4. 37.5 %

See our previous ‘Questions of the Day’:

Quant Question Of The Day: 62
Quant Question Of The Day: 61