Q. The cost price of 15 articles is equal to the selling price of 12 articles. What is the profit percentage?
β
Correct Answer: (B)
25%
Explanation: Let CP of 1 article = βΉ1. CP of 15 = βΉ15 = SP of 12. SP of 1 = 15/12 = 1.25. Profit = 25%.
Explanation by: Krishna Sharma
Let CP of 1 article = βΉ1. CP of 15 = βΉ15 = SP of 12. SP of 1 = 15/12 = 1.25. Profit = 25%.