Selling price of 9 articles is equal to cost price of 12 articles. Find profit or loss percentage.
Answer & explanation
Correct answer: option 1
S.P. of 9 = C.P. of 12
C.P : S.P. = 9 : 12 = 3 : 4
Profit = 1
Profit Percent = \(\frac{1}{3}\) × 100% = 33 \(\frac{1}{3}\) %