Q. The cost price of 20 articles is equal to the selling price of 16 articles. What is the profit percentage?
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Correct Answer: (B)
25%
Explanation: CP of 20 articles = SP of 16 articles. SP/CP per article = 20/16 = 1.25. Profit = 25%.
Explanation by: Krishna Sharma
CP of 20 articles = SP of 16 articles. SP/CP per article = 20/16 = 1.25. Profit = 25%.