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Question

If the cost price of 12 articles is equal to the selling price of 10 articles. What is profit per cent?

A
1623 %
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B
18%
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C
20%
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D
25%
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Solution

The correct option is B 20%
Let S.P. of 1 article = Rs. 1.
Then according to the question, we have
C.P. of 12 articles = S.P.of 10 articles = Rs. 10
S.P. of 12 articles = Rs. 12
Profit =1210= Rs. 2
Profit %= (210×100) %=20%

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