Cost Price of 22 articles is same as the Selling Price of 18 articles find the profit percentage ........

Quantitative Aptitude ( CCS) Profit and loss

Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

33.33%

22.22%

11.11%

Let the cost price of 1 article = Rs. 1

From the given data,

Then, the selling price of 1 article = 22/18 = 11/9

Then, Profit = SP - CP = 11/9 - 1 = 2/9

Required, profit % = Profit/CP x 100

= [(2/9)/1] x 100

= 200/9 = 22.222%.

Hence, option 2 is the correct answer.

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