Multiple Choice Questions on By selling 20 articles a person gains CP of 5 articles Find the profit incurred by him ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

By selling 20 articles a person gains CP of 5 articles Find the profit incurred by him ........

Quantitative Aptitude ( CCS) Profit and loss
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    By selling 20 articles, a person gains CP of 5 articles. Find the profit% incurred by him.

    33 1/3%

    Incorrect Answer

    25%

    Correct Answer

    20%

    Incorrect Answer

    16 2/3%

    Incorrect Answer
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    Explanation:

    Profit = SP – CP
    CP of 5 articles = SP of 20 article – CP of 20 articles
    So CP of 25 articles = SP of 20 articles
    Profit% = 5/20 * 100 = 25%

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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