Question

By selling $20$ identical articles, a shopkeeper gains equal to S.P. of $5$ articles.

• A. Profit, $40\%$
  
• B. Loss, $40\%$
• C. Profit, $33.33\%$
• D. Loss, $33.33\%$

Answer 1

Answer: (C)

Profit, $33.33\%$

Lets S.P. of article is Rs. $1$
Then S.P. of $20$ articles is Rs. $20$
According to question, we have

Profit on $20$ articles is S.P. of articles $5=$ Rs. $5$
Then C.P. of $20$ articles $=$ $20-5=$ Rs. $15$
Profit $\%=$ $\frac{5}{15}\times 100=33\frac{1}{3}$ $\%$