Discussion

Q.

The cost price of 15 articles is the same as the selling price of 10 articles. Find the profit or loss percentage in the transaction.

A. 33.33% profit

B. 33.33% loss

C. 50% profit

D. 50% loss

Correct Option is C

Explanation:

15                1      10 (CP)

     

 10                 1    15  (SP)

Profit = 5

Profit % = 510×100=50%

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