A merchant marks his goods in such a way that the profit on sale of 50 articles is equal to the selling price of 25 articles. What is his profit margin ?
A
25%
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B
50%
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C
100%
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D
66.67%
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Solution
The correct option is B100% Let the selling price per article be = Rs. 1 Therefore, selling price of 50 articles = Rs. 50 Profit on sale of 50 articles = selling price of 25 articles = Rs. 25. S.P =Rs. 50, Profit = Rs. 25