Multiple Choice Questions on If selling price of 15 articles is equal to cost price of 20 articles then the percentage profit is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If selling price of 15 articles is equal to cost price of 20 articles then the percentage profit is ........

Quant (SSC) Profit and loss
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    If selling price of 15 articles is equal to cost price of 20 articles then the percentage profit is.

    50/3%

    Incorrect Answer

    100/3%

    Correct Answer

    200/3%

    Incorrect Answer

    400/3%

    Incorrect Answer
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    Explanation:

    CP of 15 articles = 15 (Take cp =1 re for each article).
    So, selling price = 20 (given)
    %profit = [(20 – 15)/15]*100 = 100/3%

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