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Question

The CP of 21 articles is equal to SP of 18 articles. Find the gain or loss per cent.

A
1212% gain
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B
1212% loss
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C
1623% gain
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D
1623% loss
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Solution

The correct option is C 1623% gain
Let CP of one article =Re.1
CP of 21 articles =Rs.21
SP of 18 articles = CP of 21 articles =Rs.21
Gain =2118=Rs.3
Thus, Gain % =GainCP×100=318×100
Gain % =1623%

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