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